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Flagging announcement pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act

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18.09.2013 00:00

Innofactor Plc Stock Exchange Release September 18, 2013, at 15:15 Finnish time


On September 18, 2013, Innofactor Plc has received the following notification:

1. Issuer of shares

Innofactor Plc, business identity code FI06861637.

2. Shareowner obliged to give notification

Sentica Kasvurahasto II Ky, business identity code FI20078016

3. Reason for notification

Sentica Kasvurahasto II Ky's ownership of Innofactor Plc votes and shares has fallen under one tenth (10 percent) due to the directed share issue in accordance of the resolution of the Board of Directors of Innofactor Plc on September 17, 2013 and due to the decision of the Board of Directors on September 17, 2013 to cancellation of shares held by the company have been registered in the Trade Register before end of September 2013.

4. Share of the ownership in the company on September 18, 2013:

Sentica Kasvurahasto II Ky; 3,539,189 shares, 9.94 % of shares and votes.

Innofactor Plc has currently 35,144,179 shares and shall have a total of 35,590,551 shares when new 1,015,372 issued shares and 569,000 cancelled shares have been registered in the Trade Register before end of September 2013.

 

Espoo, September 18, 2013

INNOFACTOR PLC

Sami Ensio, CEO

 

Additional information:
Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029

Distribution:
NASDAQ OMX Helsinki
Principal media
www.innofactor.com

Innofactor is one of the leading software providers focused on Microsoft solutions in the Nordic Countries. Innofactor delivers to its customers IT projects as a system integrator and develops its own software products and services. The focus area in Innofactor's own product development is Microsoft Azure-based cloud solutions. Innofactor's customers include over 1,000 commercial and public sector organizations in Finland, Denmark and elsewhere in Europe. In its operation, Innofactor strives for long-term customer relationships. Innofactor has about 400 motivated and skilled employees in several locations in Finland, Denmark and Russia. The five year (2008 to 2012) growth of Innofactor's net sales has been about 35 percent annually. Innofactor is the fastest growing technology company in the Finnish stock exchange. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ OMX Helsinki Oy.