Scanfil Issues New Shares in a Directed Issue

Estimated reading time: 1 minute

Scanfil plc issues 544,554 new Scanfil shares in a directed issue, which corresponds to approximately 0.9% of all Scanfil shares before the directed issue. The new shares will be registered in the Trade Register on 18 June 2016 and will produce shareholder rights from the date of registration. The shares will be sought for trading on Nasdaq Helsinki Ltd together with the old shares as of the day following the registration. As a result of the subscriptions, the number of Scanfil shares will increase to 64,579,993 shares.

The anti-HASEC-Elektronik GmbH (HASEC) owner is part of an arrangement whereby Scanfil acquires the entire share capital of HASEC. The conditions for implementing the arrangement have been met. The arrangement was announced on 22 May 2019.

About Scanfil

Scanfil plc is an international electronics contract manufacturer and system supplier with over 40 years of experience in demanding contract manufacturing. Scanfil offers a wide range of services to customers, ranging from product design to product manufacturing, materials management and logistics solutions. Vertically integrated production and a comprehensive supply chain provide the foundation for Scanfil's competitive edge: speed, flexibility and reliability.

Typical products manufactured by Scanfil are mobile and telecommunication network equipment, modules for automation systems, frequency converters, elevator control systems, analyzers, various gaming and self-service machines, as well as equipment for therapy technology and weather observation. Scanfil's services are used by many international actors in the automation, energy, telecommunication and health technology sectors, as well as companies in urbanization-related industries. The Scanfil factory network includes 11 production units in Europe, Asia and North America, employing some 3,700 people.