Plc Uutechnic Group Oyj - Company Announcement

IN THE SHARE ISSUE OF PLC UUTECHNIC GROUP OYJ 542 000 SHARES WERE SUBSCRIBED

Helsinki, Finland, 2016-08-19 13:00 CEST (GLOBE NEWSWIRE) -- PLC UUTECHNIC
GROUP OYJ STOCK EXHANGE RELEASE August 19, 2016 at 14:00 

IN THE SHARE ISSUE OF PLC UUTECHNIC GROUP OYJ 542 000 SHARES WERE SUBSCRIBED

The Board of Directors of Plc Uutechnic Group Oyj resolved at the meeting, held
6 June 2016, in accordance with authorization given on 28 April 2016 by the
Annual General Meeting, on an issue of maximum 1,000,000 new shares of the
Company. These shares shall be directed to the personnel of the Company Group
and to the ordinary members of the Board of Directors of the Company so that
the personnel shall be offered 800,000 shares at maximum and to the ordinary
members of the the Board of Directors 200,000 shares at maximum. 

The subscription period of the new shares ended 12 August 2016. The Board of
Directors has approved the subscriptions of the Share Issue. Subscriptions were
approved in full. 

In the Share Issue the Board of Directors has approved subscription of 542,000
new shares. The subscription price per share was EUR 0.50. 

The new shares subscribed in the Share Issue represent approximately 1.0
percent of all shares of the Company and the votes they entitle. The ordinary
members of the Board of Directors of the Company subscribed in full the shares
offered to them. 

The shares subscribed in the Share Issue shall be registered to the Trade
Register and become a subject to public trading approximately 1 September 2016.
The amount of the shares of the Company shall increase from 55,963,210 shares
to 56,505,210 after new shares have been registered to the Trade Register. The
total subscription price of 271,000 euros shall be recorded into the Company’s
invested unrestricted equity reserve in its entirety. The Share Issue does not
affect to the Company’s share capital. 



In Uusikaupunki August 19, 2016

PLC UUTECHNIC GROUP OYJ

The Board of Directors





Uutechnic Group is focused on improving the competitiveness of its customers by
providing them with advanced equipment technology and unique service concept
worldwide. The product range includes agitators, different types of pressure
vessels, process- and storage tanks, reactors and heat exchangers. Also
different types of long welded and machined axially symmetrical parts as rolls,
cylinders, tubes and cones. 

The main industries are hydrometallurgy, mining-, pulp and paper-, food-,
fertilizer-, other chemical industries and environmental technology. 

Plc Uutechnic Group’s subsidiaries are AP-Tela Oy, Japrotek Oy Ab, Uutechnic Oy
and Stelzer Rührtechnik International GmbH. 


         Further information: Jouko Peräaho, the Chairman of the Board of
directors 
         +358 500 740808
         www.uutechnicgroup.fi