Holding of Montanaro Asset Management in Vacon exceeds the threshold of 5 percent

Vacon Plc, Stock Exchange Release, 22 April 2013 at 4.15 pm (EET) Vacon Plc (ID 1519966-5) has on 22 April, 2013, received a disclosure under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Montanaro Asset Management Ltd in Vacon Plc has exceeded the threshold of 1/20 (5%). According to the disclosure Montanaro Asset Management Ltd holds 791,681 Vacon Plc's shares, which is 5.18% of Vacon Plc's shares and votes...

Vacon Plc, Stock Exchange Release, 22 April 2013 at 4.15 pm (EET)

Vacon Plc (ID 1519966-5) has on 22 April, 2013, received a disclosure under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Montanaro Asset Management Ltd in Vacon Plc has exceeded the threshold of 1/20 (5%). According to the disclosure Montanaro Asset Management Ltd holds 791,681 Vacon Plc's shares, which is 5.18% of Vacon Plc's shares and votes.

Exceeding the above mentioned threshold is the result of the purchasing of shares on 18 April 2013.

Vacon Plc has a total of 15,295,000 shares. The company has only one class of shares and each share entitles to one vote.

VACON PLC

Further information:

• President and CEO, Vesa Laisi, Phone +358 (0)40 837 1510, e-mail vesa.laisi(at)vacon.com

Vacon in brief

Vacon is driven by a passion to develop, manufacture and sell the best AC drives and inverters in the world - and provide customers with efficient product lifecycle services. Our AC drives offer optimum process control and energy efficiency for electric motors. Vacon inverters play a key role when energy is produced from renewable sources. Vacon has production and R&D facilities in Europe, Asia and North America, and sales offices in 29 countries. Further, Vacon has sales representatives and service partners in nearly 90 countries. In 2012, Vacon's revenues amounted to EUR 388.4 million, and the company employed globally approximately 1,500 people. The shares of Vacon Plc (VAC1V) are quoted on the main list of the Helsinki stock exchange (NASDAQ OMX Helsinki).

Driven by Drives, www.vacon.com

Distribution:

NASDAQ OMX Helsinki
Financial Supervisory Authority
Main media

 

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