Componenta - Major shareholder announcements

Notification pursuant to Chapter 9, section 5 of the Securities Markets Act: Etra Capital Oy’s holding in Componenta has fallen below 20%

Componenta Corporation    Stock Exchange Release 18.8.2014 at 8.10

Componenta Corporation (Business ID 1635451-6) received on 15 August 2014 the
following notification pursuant to Chapter 9, section 5 of the Securities
Markets Act, according to which Etra Capital Oy's holding of shares and voting
rights of Componenta Corporation has fallen below 20%. 

1. Target company: Componenta Corporation

2.  Arrangement if realized shall lead into a situation where the shareholding
and voting rights fall below the flagging notice limit of 20% according to
Chapter 9, section 5 of the Securities Markets Act. 

3. Name of shareholder Etra Capital Oy, Business ID 2305147-6

4. Shareholding and voting rights of the target company:

Shareholding and voting rights before flagging notification:

Number of shares: 6,751,450
Share of total number of shares and voting rights: 23.07%

Shareholding and voting rights after flagging notification:

Number of shares: 11,381,450
Share of total number of shares and voting rights: 11.70%

5. Essential content of the arrangement:

Componenta Corporation has on 15 August 2014 announced its financing
arrangements. As part of the arrangements, Componenta will execute share issues
in total of 68 million shares in two phases. 

In the first share issue (“Private Placement”) the company has decided to offer
in total maximum of 15 million shares to a limited group of selected investors
(”Issued Shares”). The company has received the subscription commitments in
total for 15,000,000 shares. 

In addition, the Board of Directors proposes that the Extraordinary General
Meeting to be held on 5 September 2014 will resolve to offer in the second
phase of the share issues in total a maximum of 53,000,000 new shares (“New
Shares”) to individuals and corporations in Finland (“the Share Issue”). The
shareholders, who represent at least 70% of the company's shares and voting
rights, are committed to vote for the Share Issue in the Extraordinary General
Meeting. 

The company has received subscription commitments for a subscription of 5
million New Shares to be paid by cash. The company has received subscription
commitments from certain bondholders to subscribe New Shares in the Share Issue
with more than EUR 63 million by paying the subcriptions with the loan
receivables of Componenta and the accrued but unpaid interest. 

Etra Capital has committed to subscribe 3,400,000 Issued Shares in the Private
Placement and 1,230,000 New Shares in the Share Issue. 

The total amount of shares and votes published by Componenta Corporation on 15
August 2014 is 29,269,224. Basis for the flagging calculation is that the
Private Placement and the Share Issue will realize according to maximum amount.
After the Private Placement and the Share Issue the total amount of shares and
votes will be 97,269,224.” 

Helsinki, 18 August 2014

COMPONENTA CORPORATION


Heikki Lehtonen
President and CEO



For further information, please contact:


Heikki Lehtonen
President and CEO
tel. +358 10 403 2200


Mika Hassinen
CFO
tel. +358 10 403 2723



Componenta is a metal sector company with international operations and
production plants located in Finland, Turkey, the Netherlands and Sweden. The
net sales of Componenta were EUR 511 million in 2013 and its share is listed on
the NASDAQ OMX Helsinki. The Group employs approx. 4,400 people. Componenta
specializes in supplying cast and machined components and total solutions made
of them to its global customers, who are manufacturers of vehicles, machines
and equipment.

Attachments:

release_componenta_18082014_flagging_etra capital.pdf