Cencorp - Company Announcement

CENCORP WILL NOT CONVENE AN EXTRAORDINARY GENERAL MEETING TO HANDLE REVERSE STOCK SPLIT IN 2014 - PREPARATION OF THE ISSUE CONTINUES

Cencorp Corporation                                             Stock Exchange
Release 21 November 2014 at 9.30 Finnish time 



CENCORP WILL NOT CONVENE AN EXTRAORDINARY GENERAL MEETING TO HANDLE REVERSE
STOCK SPLIT IN 2014 - PREPARATION OF THE ISSUE CONTINUES 



Cencorp has previously announced that the Board of Directors of the company has
commenced preparations for convening a general meeting to decide on reduction
of the number of the shares without reducing the value of the shares (so called
reverse stock split).  The purpose of the reverse stock split is to boost
trading and pricing of the shares of the company. It was estimated that the
issue will be addressed in an extraordinary general meeting to be held during
2014. 



The Board of Directors has decided that it will not convene an extraordinary
general meeting to address the issue in 2014. However, preparation of the issue
continues. According to the current knowledge the reverse stock split issue
will be addressed in a general meeting during 2015. 





In Mikkeli, 21 September 2014



Cencorp Corporation



BOARD OF DIRECTORS





For more information:

Iikka Savisalo

President and CEO

Cencorp Corporation

Tel.: +358 40 521 6082, Email: iikka.savisalo@cencorp.com





Distribution:

NASDAQ OMX Helsinki Ltd

Main media



Cencorp Corporation specializes in the clean energy, especially in photovoltaic
solutions. Cencorp 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. The product range also
includes EMI shielding solutions, RFID antennas and other flexible circuits
including for example conductive back sheets used in photovoltaic modules and
mobile phone antennas. Cencorp also owns 30 percent of Cencorp Automation Oy, a
company providing electronics automation solutions.  Cencorp's head office is
located in Mikkeli, Finland. The company is part of the Finnish Savcor Group.