Vacon - Company Announcement

Vacon has received from the Finnish Financial Supervisory Authority an exemption from the regular duty of disclosure

Vacon Plc, Stock Exchange Release, 27 May 2015 at 16.50 (EET)

The Finnish Financial Supervisory Authority has granted, upon application from
Vacon Plc ("Vacon"), an exemption from the duty to publish Q2/2015 interim
report, Q3/2015 interim report, the financial statements bulletin for the period
1 January to 31 December 2015 and financial statements and the report of the
Board of Directors as well as the auditor's report for the period 1 January to
31 December 2015. Vacon's shares were delisted from NASDAQ OMX Helsinki Ltd's
official list on 15 May 2015.

In its decision, the Finnish Financial Supervisory Authority has taken into
account that in the squeeze-out proceedings under Chapter 18 of the Finnish
Limited Liabilities Companies Act, the redemption price is determined based on
the fair price of the share before the initiation of arbitral proceedings, and
that Vacon has published an interim report covering the period during which the
arbitral proceedings became pending. The Finnish Financial Supervisory Authority
has deemed that the exemption does not jeopardize the position of the investors.

VACON PLC

Further information:

  * Vesa Laisi, President and CEO, Vacon Plc, phone +358 (0)40 8371 510,
    vesa.laisi(at)vacon.com
  * Sebastian Linko, Director, Corporate Communications and Investor Relations,
    +358 (0)40 8371 634, sebastian.linko(at)vacon.com

Vacon in brief

Vacon is driven by a passion to develop, manufacture and sell the best AC drives
and inverters in the world - and provide customers with efficient product
lifecycle services. Our AC drives offer optimum process control and energy
efficiency for electric motors. Vacon inverters play a key role when energy is
produced from renewable sources. Vacon has production and R&D facilities in
Europe, Asia and North America, and sales offices in 32 countries. Further,
Vacon has sales representatives and service partners in nearly 90 countries. In
2014, Vacon's revenues amounted to EUR 409.4 million, and the company employed
globally approximately 1,600 people. Vacon is part of Danfoss Group.

Driven by Drives, www.vacon.com

Distribution:

NASDAQ OMX Helsinki
Financial Supervisory Authority
Main media


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