Incap - Tender offer

Final result of Inission AB's public tender offer for all Incap Corporation's shares

Incap Corporation
Stock Exchange Release       4 February 2015 at 7 am (EET)



FINAL RESULT OF INISSION AB'S PUBLIC TENDER OFFER FOR ALL INCAP CORPORATION'S
SHARES

Not to be published or distributed, directly or indirectly, in United States,
Canada, Australia, New Zealand, South Africa, China, Hong Kong, Singapore or
Japan or in any other state where distribution or publishing would be prohibited
by applicable law.



The offer period of the mandatory public tender offer for all shares in Incap
Corporation made by Inission AB expired on 30 January 2015. Inission published a
release on the preliminary result of the public tender offer on 2 February
2015, and after that Incap published its own release on the preliminary result.

Inission AB has been the largest shareholder of Incap since 2013 when it
acquired approximately 26.12 per cent of all shares of Incap. On 11 December
2014 Inission increased its ownership to 30.27 per cent of all Incap shares and
related voting rights. On 22 December 2014 Inission acquired 7,684,615 Incap
shares from Varma Mutual Pension Insurance Company, and after that Inission owns
40,707,563 Incap shares corresponding to approximately 37.31 per cent of all
Incap shares and votes.

Pursuant to the final result of the tender offer by Inission AB, the number of
shares tendered in the tender offer during the offer period total to 3,865,447
Incap shares representing approximately 3.54 per cent of all the shares and
votes in Incap Corporation. Thus, after the execution trades of the shares
validly tendered in the tender offer have been made, the total ownership of
Inission of all the shares and votes in Incap Corporation will be in total
approximately 40.85 per cent.

The sale and purchase of the shares validly tendered in accordance with the
terms and conditions of the tender offer will be executed approximately on 4
February 2015 on NASDAQ OMX Helsinki. Settlement will be effected on or about
the second Finnish banking day following the above mentioned execution trades.
The payment of the offer price will be deposited on the settlement date into the
bank account connected to the shareholder's book-entry account or, in the case
of shareholders whose holdings are nominee-registered, into the bank account
specified in the acceptance form. If the bank account of the tendering
shareholder is with a different banking institution than such holder's book-
entry account, the offer price will be paid, in accordance with the schedule of
money transaction between banking institutions, to the shareholder's bank
account so that it is on the shareholder's bank account approximately two
Finnish banking days following the settlement date.

INCAP CORPORATION


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


Distribution
NASDAQ OMX Helsinki Ltd
Principal media


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.


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