Valoe Oyj - Company Announcement

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

Valoe Corporation                      Stock Exchange Release 7.4.2016 at 9.15
Finnish time 



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

Valoe Corporation has received an announcement from EMEFCY Group Ltd on 7 April
2016 according to which its shareholding in Valoe shares has crossed the
threshold of under 5 % of all the shares in Valoe as a result of a share
transaction concluded on 5 April 2016 whereby all the Valoe shares owned by
Australian EMEFCY Group Ltd (former Savcor Group Ltd) were sold to Savcor
Communications PTY.LTD. 

EMEFCY Group Ltd held on the deal a total of 133,333,333 Valoe´s shares
representing altogether approximately 15.5 % of Valoe´s 862,472,136 shares and
related voting rights. 

Total positions of EMEFCY Group Ltd subject to the notification:

                        % of shares     % of shares and voting  Total number of 
                         and voting      rights through          shares and     
                         rights (total   financial instruments   voting rights  
                         of A)           (total of B)            of issuer      
--------------------------------------------------------------------------------
Resulting situation on  below 5 %                          0 %            15.5 %
 the date on which                                                              
 threshold was crossed                                                          
 or reached                                                                     
--------------------------------------------------------------------------------
Positions of previous          15.61 %                     0 %               0 %
 notification                                                                   
--------------------------------------------------------------------------------


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 and       shares and       and voting      and voting   
 code            voting rights    voting rights    rights          rights       
--------------------------------------------------------------------------------
                Direct (SMA      Indirect (SMA    Direct (SMA     Indirect (SMA 
                 9:5)             9:6 and 9:7)     9:5)            9:6 and 9:7) 
--------------------------------------------------------------------------------
FI0009006951                  0                0             0 %             0 %
--------------------------------------------------------------------------------
A TOTAL                       0                0             0 %             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                                   
--------------------------------------------------------------------------------



In Mikkeli 7 April 2016



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.