Incap - Company Announcement

Mandatory public tender offer for Incap Corporation's shares with related terms and conditions has been published

Incap Corporation
Stock Exchange Release   23 December 2014 at 5.30 pm (EET)

MANDATORY PUBLIC TENDER OFFER FOR INCAP CORPORATION'S SHARES WITH RELATED TERMS
AND CONDITIONS HAS BEEN PUBLISHED

Inission AB has today published the mandatory public tender offer for the shares
of Incap Corporation in a release, which is enclosed to this stock exchange
release.

As informed by Incap on 12 December 2014, the Board of Incap Corporation will
consider the public tender offer of Inission and give in line with the Finnish
Securities Markets Act a statement concerning the final offer after the
publication of the offer document at the latest. Because the major shareholders
of Inission, the maker of the offer, are members of the Board of Incap
Corporation, the issue will be discussed among the independent members of the
Board. When evaluating the offer the Board of Directors of Incap will, together
with its advisors, pay special attention to the low price level of the tender
offer in relation to the future outlook published by Incap and to the share
price of Incap during the period preceding the date of becoming obligated to
make a public tender offer, as well as to the lack of control premium.

INCAP CORPORATION
Board of Directors

Further information:
Lassi Noponen, Chairman of the Board, tel. +358 40 501 5127


ENCLOSURE
Release of Inission AB on 23 December 2014 at 12:45

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.incap.fi

INCAP IN BRIEF
Incap Corporation is an international contract manufacturer whose comprehensive
services cover the entire life-cycle of electromechanical products from design
and sourcing to actual manufacture and further to maintenance services. Incap's
customers are leading suppliers of high-technology equipment in their own
business segments, and Incap increases their competitiveness as a strategic
partner. Incap has operations in Finland, Estonia, India and China. The Group's
revenue in 2013 amounted to approximately EUR 36.8 million, and the company
currently employs approximately 500 people. Incap's share has been listed on the
NASDAQ OMX Helsinki Ltd since 1997. Additional information: www.incap.fi.


[HUG#1883370]

Attachments:

Release of Inission AB on 23 December 2014 at 12:45.pdf