Cencorp - Company Announcement

CENCORP CORPORATION HAS RESOLVED ON THE APPROVAL OF SUBSCRIPTIONS WITHIN THE DIRECTED SHARE ISSUE FOR A FEE

CENCORP CORPORATION STOCK EXCHANGE RELEASE      April 30, 2014 at 9.30 Finnish
time 



CENCORP CORPORATION HAS RESOLVED ON THE APPROVAL OF SUBSCRIPTIONS WITHIN THE
DIRECTED SHARE ISSUE FOR A FEE 



In directed share issue for a fee to certain Cencorp´s directors and previous
board member, released on April 11, 2014 all together 8,159,821 new company
shares were subscribed. The subscription price for the shares in the directed
share issue was 0.025 euro per share. Company has accepted the subscriptions. 



The company collected approx. 203,996 euros of new equity through the directed
share issue and 201,996 euro of the subscriptions has been paid by the
setting-off non-disputed contractual based receivables. According to the terms
and conditions of the directed share issue, the subscription price shall be
recorded entirely to the company's invested free equity fund. 



Due to the accepted share subscriptions the amount of the shares in the company
shall increase from 854,312,315 shares to 862,472,136 shares once the new
shares have been registered with the Trade Register. 



The Company aims to apply for listing of the new shares at the official list of
NASDAQ OMX Helsinki Ltd together with the shares already issued and listed
latest approximately on May 30, 2014. For the listing of the new shares, the
Company will separately publish a supplement to the Registration Document dated
December 9, 2013 as well as a Summary and a Securities Note prior to the
listing of the new shares. 



In Mikkeli, April 30, 2014



CENCORP CORPORATION





For more information:



Iikka Savisalo

President and CEO

Cencorp Oyj

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.