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Notification according to chapter 9, section 10 of the securities markets act

April 12, 2021 2:45 AM EDT

Enedo Plc    Stock Exchange Release   April 12, 2021 9:45   

Notification according to chapter 9, section 10 of the securities markets act

Enedo Plc has received a notification with reference to Chapter 9, paragraph 5 of the Finnish Securities Markets Act.

Issuing company: Enedo Plc

Basis of announcement: An acquisition or disposal of shares or voting rights

Complete name: Inission AB, Karlstad, Sweden

Date of transaction and exceeding the threshold: 9.4.2021

Total position of person(s) subject to the notification obligations:

 % of shares and voting rights% of shares and voting rights through financial instruments% of totalTotal number of shares and voting rights of issuer
Resulting situation on the date on which the threshold was crossed or reached49,6 49,668 523 193
Position of previous notification (if applicable)    


Notified details of the resulting situation on the date on which the threshold was reached/crossed:

Class/type of sharesNumber of shares and voting rightsNumber of shares and voting rights% of shares and voting rights% of shares and voting rights
 DirectIndirectDirectIndirect
 (SMA 9:5)(SMA 9:6 and 9:7)(SMA 9:5)(SMA 9:6 and 9:7)
FI400041525234 000 000 49,6 


Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

On 8th of March 2021 the company announced that the Finnish Financial Supervisory Authority has granted Inission Ab a permanent exemption from obligation to launch a mandatory bid.


ENEDO PLC

Vesa Leino

President and CEO

For further information, please contact Mr. Vesa Leino, CEO, tel. +358 40 759 8956.

DISTRIBUTION
Nasdaq Helsinki Ltd
Principal media

ENEDO IN BRIEF

Enedo is a European designer and producer of high-quality electronic power supplies and systems for critical equipment even in the most demanding environments. Enedo’s mission is to make electricity better – more reliable, more secure, more energy efficient – and just right to fit its purpose. Enedo’s three main product categories are Led Drivers, Power Supplies and Power Systems. In 2020 the group’s revenue was EUR 38,5 million. Enedo has 354 employees and its main functions are located in Finland, Italy, Tunisia and USA. The group’s head office is in Finland and parent company Enedo Plc is listed on Nasdaq Helsinki Oy. www.enedopower.com




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