Efore - Major shareholder announcements

NOTIFICATION ACCORDING TO CHAPTER 9, SECTION 10 OF THE SECURITIES MARKETS ACT

Espoo, Finland, 2013-07-12 10:15 CEST (GLOBE NEWSWIRE) -- Efore Plc  Stock
exchange release       July 12, 2013 at 11.15 a.m. 


Efore Plc has received a notification of change in holdings as follows. The
holdings of Timo Syrjälä, including the companies under his authority,of the
share capital and voting rights in Efore Plc have went below 5 per cent on July
12, 2013. 

Basis for the flagging: The decision of Efore Board on the directed share issue
to sellers of Roal Electronics S.p.A on July 10, 2013 (5,243,243 new shares). 

The holdings of Timo Syrjälä, including the companies under his authority, of
the share capital and voting rights in Efore Plc after the flagging: 

1) Timo Syrjälä:



             Number          Proportion         Proportion

                             of share capital  of votes



Shares       224,329        0.47%              0.47%



2)Syrjälä & Co Oy:



             Number          Proportion         Proportion

                             of share capital  of votes



Shares       830,293         1.74%              1.74%



3)Maijos Oy:

             Number          Proportion         Proportion

                             of share capital  of votes



Shares       1,109,597       2,32%              2,32%



Totally:

             Number          Proportion         Proportion

                             of share capital  of votes



Shares       2,164,219      4.53%               4.53%

The Business ID of Syrjälä & Co Oy is 0909980-1 and the Business ID of Maijos
Oy is 0673749-2. 

The calculation basis for the flagging is the total number of Efore Plc shares
and voting rights registered with the Trade Register. The number of Efore Plc
shares and voting rights registered with the Trade Register totals 47,772,891. 


EFORE PLC

Vesa Vähämöttönen
President and CEO

For further information please contact Mr. Vesa Vähämöttönen, President and
CEO, tel. +358 9 4784 6312 


DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main media


Efore Group

Efore Group is an international company which develops and produces demanding
power products. Efore's head office is based in Finland and its production unit
is located in China. Efore is present also in Sweden. In the fiscal year ending
in October 2012, consolidated net sales totaled EUR 78,1 million and the
Group's personnel averaged 888. The company's share is quoted on the Nasdaq OMX
Helsinki Ltd. 
www.efore.com