Valoe Oyj - Company Announcement

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

Valoe Corporation                      Stock Exchange Release 5 April 2016 at
16.45 Finnish time 



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

Valoe Corporation has received an announcement from Savcor Communications
PTY.LTD on 5 April 2016 according to which its shareholding in Valoe shares has
exceeded the threshold of over 15 % of all the shares in Valoe as a result of a
share transactions concluded on 5 April 2016 whereby Savcor Communications
PTY.LTD purchased all the Valoe shares owned by Australian EMEFCY Group Ltd
(former Savcor Group Ltd). 

Savcor Communications PTY.LTD acquired on 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 Savcor Communications PTY.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          15.5 %                     0 %            15.5 %
 the date on which                                                              
 threshold was crossed                                                          
 or reached                                                                     
--------------------------------------------------------------------------------


Savcor Communications PTY.LTD has not previously owned any shares in Valoe.
Savcor Communications PTY.LTD is a related company of the Savisalo Family. 

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        133,333,333                0          15.5 %             0 %
--------------------------------------------------------------------------------
A TOTAL             133,333,333                0          15.5 %             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                                   
--------------------------------------------------------------------------------



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.