Pressmeddelanden, rapporter och bolagsmeddelande för Exel Composites Oyj

Exel Composites Plc announced on 12 August 2024 that Danske Bank A/S has increased its holding in the company to 5.02% of the shares and voting rights, surpassing the 5% threshold. This change occurred through share transactions on 9 August 2024, raising Danske Bank’s holding from a previous 4.59%. Exel Composites has a total of 106,728,395 shares, each entitling one vote. The notification details the direct holding of 5,355,503 shares by Danske Bank, representing 5.02% of the total shares and voting rights. For further information, contact Lilli Riikonen, Head of Investor Relations at Exel Composites. Exel Composites is a leading manufacturer of composite profiles and tubes, headquartered in Finland and listed on Nasdaq Helsinki. The company employs over 600 professionals globally and serves various industrial sectors with its innovative composite solutions.

Exel Composites PLC will release its Half Year Financial Report for Q1-Q2 2024 on Thursday, 15 August 2024, at approximately 9:00 EEST. A financial results briefing will be held online at 12:30 EEST on the same day, hosted by President and CEO Paul Sohlberg and CFO Mikko Rummukainen. Interested participants must register by emailing investor@exelcomposites.com by 14 August 2024, after which a link to join the event will be provided. Exel Composites is a leading manufacturer of composite profiles and tubes using pultrusion and pullwinding technologies, serving various industries globally. The company emphasizes R&D, collaboration, and sustainability, aiming to be the top choice for composite solutions. Headquartered in Finland, Exel Composites employs over 600 professionals and is listed on Nasdaq Helsinki. For more information, visit www.exelcomposites.com.

On July 15, 2024, Exel Composites Plc announced that OP Fund Management Company Ltd's holding in the company has decreased below 5% of the voting rights and share capital, following share transactions on July 12, 2024. The current holding is 5,334,412 shares, representing 4.998% of Exel Composites' total shares and voting rights, down from a previous holding of 5.40%. Exel Composites has a total of 106,728,395 shares, each entitling one vote. For further information, contact Lilli Riikonen, Head of Investor Relations. Exel Composites is a leading global manufacturer of composite profiles and tubes, headquartered in Finland and listed on Nasdaq Helsinki.

Exel Composites Plc has made significant progress in its strategic development projects during the first half of 2024. The company successfully completed a rights issue in June, raising approximately EUR 21.8 million, which was oversubscribed by 141%. This strengthens Exel Composites' financial position and supports its growth and transformative strategy. Additionally, the company secured a new financing agreement of EUR 52.4 million in the second quarter to refinance existing bank loans. These financial measures are enabling the swift advancement of strategic initiatives planned for the year. Exel Composites, headquartered in Finland, is a leading global manufacturer of composite profiles and tubes, serving various industries with innovative and sustainable solutions. The company employs over 600 professionals and is listed on Nasdaq Helsinki. For further details, contact Lilli Riikonen, Head of Investor Relations, or Mikko Rummukainen, CFO.

Exel Composites Plc announced on June 17, 2024, that OP Fund Management Company Ltd has increased its holding in Exel Composites to 5.40% of the voting rights and share capital, up from 4.23%. This increase was achieved through share transactions on the same day, resulting in OP Fund Management Company Ltd holding 5,765,946 shares. Exel Composites has a total of 106,728,395 shares, each granting one vote. For further details, contact Lilli Riikonen, Head of Investor Relations at Exel Composites. Exel Composites is a leading manufacturer of composite profiles and tubes, with a global presence and a focus on sustainable solutions.

Exel Composites Plc reported a manager's transaction involving their Chief Financial Officer, Mikko Rummukainen. On June 13, 2024, Rummukainen subscribed to 19,626 shares at a unit price of 0.23 EUR outside a trading venue. The transaction was an initial notification with the reference number 66235/6/8. Exel Composites is a leading manufacturer of composite profiles and tubes, utilizing advanced pultrusion and pullwinding technologies. The company, headquartered in Finland, employs over 600 professionals and is listed on Nasdaq Helsinki. For more information, contact Lilli Riikonen, Head of Investor Relations, at investor@exelcomposites.com or +358 50 351 1128.