2017-05-03 16:55:01 CEST

2017-05-03 16:55:01 CEST


REGULATED INFORMATION

English Finnish
Valoe Oyj - Major shareholder announcements

Valoe: Disclosure under Chapter 9, Section 10 of the Securities Market Act


Valoe Corporation                        Stock Exchange Release 3 May 2017 at
17.55 Finnish time 



Valoe: Disclosure under Chapter 9, Section 10 of the Securities Market Act



 On 25 April 2017 Valoe disclosed that the company resolved on the issuance of
86,000,000 new shares to the company itself without consideration. The
arrangement is connected to the financing facility with Bracknor Investment. 
As a result of the share issue the total number of the shares in the Valoe
increased to 948,472,136 of which 86,000,000 shares i.e. 9.07 % are held by the
company. The shares held by the company do not entitle to voting rights, thus
there will be no change in the proportional amount of the voting rights of the
shareholders. 



Notification from Savcor Group Oy

Valoe Corporation has received an announcement from Savcor Group Oy on 3 May
2017 according to which its shareholding in Valoe shares has crossed the
threshold of 30 % of all the shares in Valoe as a result of Valoe’s share issue
to the company itself disclosed on 25 April 2017. The proportion of Savcor
Group’s voting rights in Valoe have not changed. 

Total positions of Savcor Group Oy subject to the notification:

                           % of shares  % of shares and      Total number of    
                            (total of    voting rights        shares and voting 
                            A)           through financial    rights of         
                                        instruments (total   issuer             
                                         of B)                                  
--------------------------------------------------------------------------------
Resulting situation on         28.49 %                  0 %              28.49 %
 the date on which                                                              
 threshold was crossed                                                          
or reached                                                                      
--------------------------------------------------------------------------------



Savcor Group Oy is Savisalo family’s related party.

Notified details of the resulting situation on the date on which the threshold
was crossed or reached: A: Shares and voting rights: 

Class/Type of   Number of        Number of        % of shares     % of shares   
shares ISIN      shares           shares           and             and          
 code           and voting       and voting       voting rights   voting rights 
                 rights           rights                                        
--------------------------------------------------------------------------------
                Direct (SMA      Indirect (SMA    Direct (SMA     Indirect (SMA 
                 9:5)             9:6              9:5)            9:6          
                                 and 9:7)                         and 9:7)      
--------------------------------------------------------------------------------
FI0009006951    270 255 619                    0         28.49 %             0 %
--------------------------------------------------------------------------------
A TOTAL         270 255 619                    0         28.49 %             0 %
--------------------------------------------------------------------------------



B: Financial instruments according to SMA 9:6a:

Type of        Expirat  Exercise/con  Physical or   Number of      % of shares  
 financial     ion      version        cash          shares and     and voting  
 instrument     date     period        settlement    voting         rights      
                                      rights                                    
--------------------------------------------------------------------------------
                                                                                
--------------------------------------------------------------------------------
                                                                                
--------------------------------------------------------------------------------
                                      B TOTAL                   0            0 %
--------------------------------------------------------------------------------







Notification from Savcor Communications Pty Ltd

Valoe Corporation has received an announcement from Savcor Communications Pty
Ltd on 3 May 2017 according to which its shareholding in Valoe shares has
crossed the threshold of 15 % of all the shares in Valoe as a result of Valoe’s
share issue to the company itself disclosed on 25 April 2017. The proportion of
Savcor Communications’ voting rights in Valoe have not changed. 

Total positions of Savcor Communications Pty Ltd subject to the notification:

                           % of shares  % of shares and      Total number of    
                            (total of    voting rights        shares and voting 
                            A)           through financial    rights of         
                                        instruments (total   issuer             
                                         of B)                                  
--------------------------------------------------------------------------------
Resulting situation on         14.06 %                  0 %              14.06 %
 the date on which                                                              
 threshold was crossed                                                          
or reached                                                                      
--------------------------------------------------------------------------------



Savcor Communicataions Pty Ltd is Savisalo family’s related party.

Notified details of the resulting situation on the date on which the threshold
was crossed or reached: A: Shares and voting rights: 

Class/Type of   Number of        Number of        % of shares     % of shares   
shares ISIN      shares           shares           and             and          
 code           and voting       and voting       voting rights   voting rights 
                 rights           rights                                        
--------------------------------------------------------------------------------
                Direct (SMA      Indirect (SMA    Direct (SMA     Indirect (SMA 
                 9:5)             9:6              9:5)            9:6          
                                 and 9:7)                         and 9:7)      
--------------------------------------------------------------------------------
FI0009006951    133 333 333                    0         14.06 %             0 %
--------------------------------------------------------------------------------
A TOTAL         133 333 333                    0         14.06 %             0 %
--------------------------------------------------------------------------------



B: Financial instruments according to SMA 9:6a:

Type of        Expirat  Exercise/con  Physical or   Number of      % of shares  
 financial     ion      version        cash          shares and     and voting  
 instrument     date     period        settlement    voting         rights      
                                      rights                                    
--------------------------------------------------------------------------------
                                                                                
--------------------------------------------------------------------------------
                                                                                
--------------------------------------------------------------------------------
                                      B TOTAL                   0            0 %
--------------------------------------------------------------------------------





Notification from Gaselli Capital Oy

Valoe Corporation has received an announcement from Gaselli Capital Oy on 3 May
2017 according to which its shareholding in Valoe shares has crossed the
threshold of 10 % of all the shares in Valoe as a result of Valoe’s share issue
to the company itself disclosed on 25 April 2017. The proportion of Gaselli
Capital’ voting rights in Valoe have not changed. 

Total positions of Gaselli Capital Oy subject to the notification:

                           % of shares  % of shares and      Total number of    
                            (total of    voting rights        shares and voting 
                            A)           through financial    rights of         
                                        instruments (total   issuer             
                                         of B)                                  
--------------------------------------------------------------------------------
Resulting situation on         9.099 %                                   9.099 %
 the date on which                                                              
 threshold was crossed                                                          
or reached                                                                      
--------------------------------------------------------------------------------



Notified details of the resulting situation on the date on which the threshold
was crossed or reached: A: Shares and voting rights: 

Class/Type of   Number of        Number of        % of shares     % of shares   
shares ISIN      shares           shares           and             and          
 code           and voting       and voting       voting rights   voting rights 
                 rights           rights                                        
--------------------------------------------------------------------------------
                Direct (SMA      Indirect (SMA    Direct (SMA     Indirect (SMA 
                 9:5)             9:6              9:5)            9:6          
                                 and 9:7)                         and 9:7)      
--------------------------------------------------------------------------------
FI0009006951                  0  86 300 000                  0 %         9.099 %
--------------------------------------------------------------------------------
A TOTAL                       0  86 300 000                  0 %         9.099 %
--------------------------------------------------------------------------------



B: Financial instruments according to SMA 9:6a:

Type of        Expirat  Exercise/con  Physical or   Number of      % of shares  
 financial     ion      version        cash          shares and     and voting  
 instrument     date     period        settlement    voting         rights      
                                      rights                                    
--------------------------------------------------------------------------------
                                                                                
--------------------------------------------------------------------------------
                                                                                
--------------------------------------------------------------------------------
                                      B TOTAL                                   
--------------------------------------------------------------------------------





In Mikkeli 3 May 2017

Valoe Corporation Board of Directors



For more information: Iikka Savisalo

President and CEO, Valoe Corporation

Tel. +358 40 521 6082, email: iikka.savisalo@valoe.com





Distribution:

NASDAQ OMX, Helsinki Main media www.valoe.com





Valoe Corporation specializes in the clean energy, especially in photovoltaic
solutions. Valoe provides 

automated production technology for solar modules based on the company’s own
technology; production lines for modules; solar modules and special components
for solar modules. Valoe's head office is located in Mikkeli, Finland.