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Elematic changes into public limited liability company

As of April 28, 2015, Elematic Oy Ab changed their legal business structure into public limited liability company, Elematic Oyj (plc). The change is related to the issuance of a four-year secured bond in 2014.

On May 30, 2014 Elematic Oy Ab issued a four-year secured bond of 35 Million Euros par value. As announced at the time of issuance, the secured bond will be listed on the NASDAQ OMX Helsinki Stock Exchange within one year of the date of issuance. The current change of company legal structure into Elematic Oyj (plc) was completed due to the upcoming listing.

Organizational structure and business ID of the company remain unchanged.

The bond will mature on May 29, 2018.

 

For more information, please contact:

Mats Jungar CEO, Elematic Oyj

Tel. +358 40 7074 943

e-mail: mats.jungar@elematic.com

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Elematic Oyj

Elematic Oyj is a world-leading manufacturer of precast concrete plants and production lines. In our more than 50 years of operation, we have supplied technology to over 100 countries and to every continent. The turnover of the company, which employs roughly 230 people, is approximately 100 million euros, of which exports generate 95%. Elematic has sales offices in the USA, Germany, China, Russia, India, Hong Kong and the United Arab Emirates as well as dealers in over 20 countries. Our headquarters is located in Akaa, Finland and we have production units in Finland and India.We hold an ISO 9001 certified quality system and the international quality certificate Investor in People for the development of our personnel.

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