Final result of Inission AB’s public tender offer for all Incap Corporation’s shares

Incap Corporation                      
Stock Exchange Release       4 February 2015 at 7 am (EET)                                                              

FINAL RESULT OF INISSION AB’S PUBLIC TENDER OFFER FOR ALL INCAP CORPORATION’S SHARES

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The offer period of the mandatory public tender offer for all shares in Incap Corporation made by Inission AB expired on 30 January 2015. Inission published a release on the preliminary result of the public tender offer on 2 February 2015, and after that Incap published its own release on the preliminary result.

Inission AB has been the largest shareholder of Incap since 2013 when it acquired approximately 26.12 per cent of all shares of Incap. On 11 December 2014 Inission increased its ownership to 30.27 per cent of all Incap shares and related voting rights. On 22 December 2014 Inission acquired 7,684,615 Incap shares from Varma Mutual Pension Insurance Company, and after that Inission owns 40,707,563 Incap shares corresponding to approximately 37.31 per cent of all Incap shares and votes.

Pursuant to the final result of the tender offer by Inission AB, the number of shares tendered in the tender offer during the offer period total to 3,865,447 Incap shares representing approximately 3.54 per cent of all the shares and votes in Incap Corporation. Thus, after the execution trades of the shares validly tendered in the tender offer have been made, the total ownership of Inission of all the shares and votes in Incap Corporation will be in total approximately 40.85 per cent.

The sale and purchase of the shares validly tendered in accordance with the terms and conditions of the tender offer will be executed approximately on 4 February 2015 on NASDAQ OMX Helsinki. Settlement will be effected on or about the second Finnish banking day following the above mentioned execution trades. The payment of the offer price will be deposited on the settlement date into the bank account connected to the shareholder’s book-entry account or, in the case of shareholders whose holdings are nominee-registered, into the bank account specified in the acceptance form. If the bank account of the tendering shareholder is with a different banking institution than such holder’s book-entry account, the offer price will be paid, in accordance with the schedule of money transaction between banking institutions, to the shareholder’s bank account so that it is on the shareholder’s bank account approximately two Finnish banking days following the settlement date.

INCAP CORPORATION

Further information:
Lassi Noponen, Chairman of the Board of Directors, tel. +358 40 501 5127

Distribution
NASDAQ OMX Helsinki Ltd
Principal media

INCAP IN BRIEF
Incap Corporation is an international contract manufacturer whose comprehensive services cover the entire life-cycle of electromechanical products from design and sourcing to actual manufacture and further to maintenance services. Incap’s customers are leading suppliers of high-technology equipment in their own business segments, and Incap increases their competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and China. The Group’s revenue in 2013 amounted to approximately EUR 36.8 million, and the company currently employs approximately 500 people. Incap’s share has been listed on the NASDAQ OMX Helsinki Ltd since 1997. Additional information: www.incap.fi.