Efore - Managers' transactions

Efore Plc: Notification of managers' transactions

Espoo. Finland, 2016-12-20 10:40 CET (GLOBE NEWSWIRE) -- 
EFORE PLC         Managers' transactions   December 20, 2016 at 11.40 a.m.


Person subject to the notification requirement
Name:                      Sievi Capital Oyj
Position:                  Closely associated legal person

Person discharging managerial responsibilities in issuer

Name:                      Takanen, Jarkko
Position:                  Member of the board/deputy member

Issuer

Name:                      Efore Plc
LEI:                       7437009XPNDQBLPM1R38

Initial notification
Reference number:          7437009XPNDQBLPM1R38_20161219140144_4

Transaction details

Transaction date:          2016-12-20
Venue:                     OFF-EXCHANGE TRANSACTIONS (XOFF)
Intrument type:            Share
Intrument name:            FI0009900054
Nature of transaction:     Other
Description:               payment of dividends as shares
(1) Volume:                11.552.991

Unit price:

Aggregated transactions

(1) Volume:                    11.552.991
Volume weighted average price:


EFORE PLC

Jorma Wiitakorpi
President and CEO

For further information please contact Jorma Wiitakorpi, President and CEO,
tel. +358 40 175 8510. 

DISTRIBUTION

Nasdaq Helsinki Oy
Principal 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 R&D functions
are located in Finland, Sweden, Italy and China. Sales and marketing operations
are located in Europe, United States and China. In the fiscal year ending in
December 2015, consolidated net sales totalled EUR 89,9 million and the Group's
personnel averaged 887. The company's share is quoted on the Nasdaq Helsinki
Ltd. www.efore.com