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    VALOE   FI0009006951

VALOE OYJ

(VALOE)
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Valoe Corporation: Disclosure under Chapter 9, Section 10 of the Securities Market Act

06/30/2021 | 02:30pm EDT

Valoe Corporation        Stock Exchange Release 30 June 2021 at 21.30 Finnish time

Valoe Corporation has received the following announcement regarding disclosure under chapter 9, section 10 of the Securities Market Act.

Valoe has received an announcement from Savcor Technologies Oy according to which its shareholding in Valoe shares has crossed the threshold of 15 % of all the shares in Valoe due to an event changing the breakdown of shares or voting rights in Valoe.

Total positions of Savcor Technologies Oy subject to the notification:

 % of shares and voting rights (total of A)% of shares and voting rights through financial
instruments (total of B)
Total number of shares and voting rights of
issuer
Resulting situation on the date on which threshold was crossed
or reached
12.07 %0 %12.07 %
Position of previous notification (if applicable)19.44 %0 %19.44 %

Notified details of the resulting situation on the date on which the threshold was crossed or reached: A: Shares and voting rights:

Class/Type of
shares ISIN code
Number of shares
and voting rights
Number of shares
and voting rights
% of shares and
voting rights
% of shares and
voting rights
 Direct (SMA 9:5)Indirect (SMA 9:6
and 9:7)
Direct (SMA 9:5)Indirect (SMA 9:6
and 9:7)
FI000900695144,448,414012.07 %0 %
A TOTAL44,448,414012.07%0 %

        

In Mikkeli 30 June 2021

Valoe Corporation

Board of Directors

For more information: Iikka Savisalo
President and CEO, Valoe Corporation
Tel. +358 40 521 6082, email: iikka.savisalo@valoe.com

Distribution:
NASDAQ OMX, Helsinki
Main media
www.valoe.com

Valoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides

automated production technology for solar modules based on the company’s own technology; production lines for modules; solar modules and special components for solar modules. Valoe's head office is located in Mikkeli, Finland.


© OMX, source GlobeNewswire - EU Press Releases

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Financials
Sales 2020 1,62 M 1,90 M 1,90 M
Net income 2020 -4,92 M -5,76 M -5,76 M
Net Debt 2020 14,0 M 16,4 M 16,4 M
P/E ratio 2020 -2,13x
Yield 2020 -
Capitalization 29,8 M 34,9 M 34,9 M
EV / Sales 2019 74,2x
EV / Sales 2020 17,8x
Nbr of Employees -
Free-Float 56,3%
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Managers and Directors
Iikka Tuomas Savisalo President, Chief Executive Officer & Director
Seija Kurki Chief Financial Officer & Head-Accounting
Hannu Antero Savisalo Chairman
Tuukka Johannes Savisalo Chief Technology Officer, Head-R&D
Ville Parpola Vice Chairman
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