Efore - Major shareholder announcements

Notification according to chapter 9, section 10 of the securities markets act

Efore Plc          Stock Exchange Release   December 19, 2017   at 2.45 p.m.


Efore Plc has received a notification with reference to Chapter 9, paragraph 5 of the Finnish Securities Markets Act.

Issuing company: Efore Plc

Basis of announcement: An acquisition or disposal of shares or voting rights

Complete name: Jussi Capital Oy, Sievi, Finland

Date of transaction and exceeding the threshold: December 18, 2017

Total position of person(s) subject to the notification obligations:
 

	% of shares and voting rights	% of shares and voting rights through financial instruments	% of total	Total number of shares and voting rights of issuer
Resulting situation on the date on which the threshold was crossed or reached	14,91		14,91	55.772.891
Position of previous notification (if applicable)	18,20		18,20

Notified details of the resulting situation on the date on which the threshold was reached/crossed:
 

Class/type of shares	Number of shares and voting rights	Number of shares and voting rights	% of shares and voting rights	% of shares and voting rights
	Direct	Indirect	Direct	Indirect
	(SMA 9:5)	(SMA 9:6 and 9:7)	(SMA 9:5)	(SMA 9:6 and 9:7)
FI0009900054	8.317.810		14,91%

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

EFORE PLC

Jorma Wiitakorpi
President and CEO

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

DISTRIBUTION

Nasdaq Helsinki Oy
Principal media

Efore is an international Group 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 financial year ending in December 2016, consolidated net sales totalled EUR 75.4 million and the Group's personnel averaged 679. The parent company's share is quoted on the Nasdaq Helsinki Ltd.www.efore.com