cancellation of own shares registered in the commercial register

Vacon Plc, stock market press release, February 19, 2015 at 2:00 p.m. (EET)

Vacon Plc announced on February 12, 2015 its decision to cancel all 56,164 treasury shares held by the company. The cancellation of shares was entered in the commercial register on February 18, 2015. Following the cancellation, the number of shares of the company is 30,533,836.

VACON PLC

Further information :

Sebastian Linko, Director of Corporate Communications and Investor Relations, +358 (0)40 8371 634, sebastian.linko(at)vacon.com

Vacon in brief

Vacon is driven by a passion to develop, manufacture and sell the world’s best AC drives and inverters – and to provide our customers with efficient services throughout the product lifecycle. Our AC drives provide optimal 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, as well as sales offices in 32 countries. Additionally, Vacon has sales representatives and service partners in nearly 90 countries. In 2014, Vacon’s turnover was €409.4 million and the company employed around 1,600 people worldwide. Shares of Vacon Plc (VAC1V) are listed on the main stock exchange of the Helsinki Stock Exchange (NASDAQ OMX Helsinki). Vacon is part of the Danfoss group.

Distribution:

NASDAQ OMX Helsinki
Financial Supervisory Authority
Main media

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of clients of NASDAQ OMX Corporate Solutions.

The issuer of this announcement guarantees that it is solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vacon Oyj via GlobeNewswire
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