Cencorp - Major shareholder announcements

CENCORP CORPORATION HAS RECEIVED FLAGGING NOTIFICATION FROM KESKINÄINEN ELÄKEVAKUUTUSYHTIÖ ETERA IN ACCORDANCE WITH CHAPTER 9 SECTION 5 OF THE FINNISH SECURITIES MARKET ACT

Cencorp Corporation                          Stock Exchange Release 6 February
2014 at 8.50 Finnish time 



CENCORP CORPORATION HAS RECEIVED FLAGGING NOTIFICATION FROM KESKINÄINEN
ELÄKEVAKUUTUSYHTIÖ ETERA IN ACCORDANCE WITH CHAPTER 9 SECTION 5 OF THE FINNISH
SECURITIES MARKET ACT 



Cencorp Corporation (hereinafter ”Cencorp”) hereby discloses in accordance with
Finnish Securities Market Act Chapter 9 Section 10 that it has on 5 February
2014 received flagging notification from Keskinäinen Eläkevakuutusyhtiö Etera
(hereinafter “Etera”) pursuant to the Finnish Securities Market Act Chapter 9
Section 5. Pursuant to the flagging notification of Etera, its share of all
issued Cencorp shares and voting rights has fallen below 10 per cent. 



1. Issuer

Cencorp Corporation, business ID 0749606-1



2. Person subject to the notification obligation

Keskinäinen Eläkevakuutusyhtiö Etera, business ID 0117086-1



3. Grounds for the flagging notification

Arrangement which has resulted in falling below the flagging notification
threshold of 10 per cent calculated in accordance with Finnish Securities
Market Act Chapter 9 Section 5 



4. Date on which Etera fell below the flagging threshold of 10 per cent

4 February 2014



5. Key contents of the arrangement

Etera subscribed in total a number of 47.279.125 new shares in the share issue
resolved by Cencorp on 9 December 2013. Previously Etera owned a number of
16.394.735 shares in Cencorp. After all the new shares subscribed in the share
issue were registered with the Trade Register on 4 February 2014, the total
number of shares in Cencorp increased from 346.161.270 shares to 854.312.315
shares. In addition, Etera has the right to subscribe a number of 21.428.571
shares in Cencorp on the basis of the convertible loan issued to it by Cencorp
on 17 May 2013. 



6. Amount of shares and voting rights

Etera owned a number of 16.394.735 shares in Cencorp prior to the arrangement
described above and it has also had the right to subscribe a number of
21.428.571 shares in Cencorp on the basis of the convertible loan issued to it
by Cencorp on 17 May 2013. Etera's percentage of Cencorp's shares and voting
rights has been 10,29% prior to the arrangement described above assuming that
Etera would have subscribed all the shares that it would have been entitled to
subscribe on the basis of the convertible loan issued to it by Cencorp on 17
May 2013. 



Etera owns a number of 63.673.860 shares in Cencorp after the arrangement
described above and it has also the right to subscribe a number of 21.428.571
shares in Cencorp on the basis of the convertible loan issued to it by Cencorp
on 17 May 2013. Etera's percentage of Cencorp's shares and voting rights is
9,72% after the arrangement described above assuming that Etera would subscribe
all the shares that it would be entitled to subscribe on the basis of the
convertible loan issued to it by Cencorp on 17 May 2013. 





In Mikkeli, 6 February 2014

CENCORP CORPORATION

Iikka Savisalo, President and CEO



For more information, please contact:

Iikka Savisalo, President and CEO, Cencorp Corporation

tel. +358 40 521 6082; Email: iikka.savisalo@cencorp.com



Distribution:

NASDAQ OMX, Helsinki

Main media

www.cencorp.com

Cencorp Corporation is a leading provider of industrial automation solutions.
The equipment in the product portfolio include automated applications of
odd-form assembly and depaneling for the electronic boards, testing equipment
and advanced materials processing by laser. All Cencorp's offering improves the
efficiency of the customers' production. Cencorp has clean technology,
especially photovoltaic (PV) solutions as its other business segment. Cencorp
now offers its automated manufacturing technology of the PV modules,
manufactures and sells photovoltaic modules, based on Cencorp´s own technology
as well as key components of photovoltaic modules. The product range also
includes EMI shielding solutions, RFID antennas, other flexible circuits
including for example conductive back sheets used in photovoltaic modules and
mobile phone antennas. Cencorp's head office is located in Mikkeli, Finland.
The company is part of the Finnish Savcor Group.