Cramo Oyj - Major shareholder announcements

Notification pursuant to Chapter 9, section 5 of the Securities Markets Act

Vantaa, Finland, 2015-03-30 08:40 CEST (GLOBE NEWSWIRE) -- Cramo Plc    Stock
Exchange Release 30 March 2015, at 9.40 am Finnish time (EET) 

Notification pursuant to Chapter 9, section 5 of the Securities Markets Act

Cramo Plc has received on 27 March 2015 the following notification pursuant to
Chapter 9, section 5 of the Securities Markets Act from Zeres Capital AB,
according to which Zeres Capital AB is party to an arrangement which would,
when implemented, result in Zeres Capital AB 's total holding of shares and
votes in Cramo Plc to exceed the five (5) and ten (10) percent thresholds. 

1.       Name of the target company: Cramo Plc


2.       Shareholder's complete name and registered number:

          Zeres Capital AB, registered number 556913-2722


3.       Proportion of shares and votes in the company:

As at the date of the notification, Zeres Capital AB holds shares in Cramo Plc
as follows: 

- 5,028 shares, 0.01 % of shares and votes

When the arrangement is implemented, the holding of shares of Zeres Capital AB
will change as follows: 

- Increase by 4,691,702 shares, 10.62 % of shares and votes

After the arrangement has been implemented, Zeres Capital AB will hold shares
in Cramo Plc as follows: 

- 4,696,730 shares, 10.63 % of shares and votes


4.       Description of the arrangement:

The share purchase is conditional upon (i) that the seller of  the shares
provides Zeres Capital AB with a power of attorney enabling Zeres Capital AB to
vote with the shares at the annual general meeting of Cramo Plc to be held on
31 March 2015 and (ii) that Cramo Plc's Nomination and Compensation Committee
publically revises its proposal to the annual general meeting regarding the
board of directors, so that two persons currently proposed by the Nomination
and Compensation Committee shall be replaced with two persons in a way
satisfactory for Zeres Capital AB. 


5.       Duration of the arrangement and intended date for exercising the
arrangement: 30 March 2015 



CRAMO PLC

Vesa Koivula
President and CEO





Further information:

Vesa Koivula, President and CEO, tel. +358 10 661 10 or +358 40 510 5710





Distribution:
NASDAQ OMX Helsinki Ltd.
Major media
www.cramo.com



Cramo is Europe's second largest rental services company specialising in
construction machinery and equipment rental and rental-related services as well
as the rental of modular space. Cramo operates in fifteen countries with 330
depots. With a group staff around 2.500, Cramo's consolidated sales in 2014 was
EUR 652 million. Cramo shares are listed on the NASDAQ OMX Helsinki Ltd.