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Elektrobit Corporation (EB): Announcement pursuant to chapter 9, section 10 of the Finnish Securities Markets Act

Tue 28th October, 2014 9:50am
Elektrobit Corporation (EB): Announcement pursuant to chapter 9, section 10 of the Finnish Securities Markets Act

Stock exchange release

Free for publication on October 28, 2014 at 11.50 am. (CET+1)

Elektrobit Corporation (EB): Announcement pursuant to chapter 9, section 10 of the Finnish Securities Markets Act

Elektrobit Corporation (EB) has received on October 28, 2014 the following notification:

FLAGGING ANNOUNCEMENT PURSUANT TO CHAPTER 9, SECTION 5 OF THE FINNISH SECURITIES MARKETS ACT

1. Issuer of the shares
Elektrobit Corporation, business identity code 1004129-5

2. Name of the shareholder subject to notification obligation
Juha Hulkko

3. Reason for the notification
Event changing the breakdown of shares or voting rights. According to EB's stock exchange release earlier today the number of Elektrobit Corporation's shares has increased on October 28, 2014 through share subscriptions pursuant to stock options, totaling to 131,407,100 shares, where as the holdings of the shares and voting rights of Juha Hulkko have decreased below the 15 per cent flagging threshold. The decrease took place on October 28, 2014. The aggregate holdings of Juha Hulkko total to 19,701,862 shares in Elektrobit Corporation, corresponding to 14.99 per cent of the Elektrobit Corporation's shares and voting rights.

The total number of shares in Elektrobit Corporation is 131,407,100. The shares of Elektrobit Corporation are listed on the NASDAQ OMX Helsinki Ltd. The Corporation has one series of shares. Each share has one vote.

Oulu, October 28, 2014

Elektrobit Corporation
Jukka Harju
CEO

Further information:

Kari Jokela
Chief Legal Officer
Tel. +358 40 344 5258

Distribution:

NASDAQ OMX Helsinki
Principal media

Elektrobit Corporation (EB)
EB creates advanced technology and turns it into enriching end-user experiences. EB is specialized in demanding embedded software and hardware solutions for wireless and automotive industries. The net sales in 2013 totaled EUR 199.3 million and operating profit was EUR 8.1 million. Elektrobit Corporation is listed on NASDAQ OMX Helsinki. www.elektrobit.com




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Elektrobit Oyj via Globenewswire

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