EFORE’S TRANSFER OF COMPANY’S OWN SHARES

Efore 

18.05.2012 12:30
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Espoo, Finland, 2012-05-18 12:30 CEST (GLOBE NEWSWIRE) -- EFORE PLC    Stock
Exchange Release     May 18, 2012   at 1.30 p.m. 


Basis for disposal: Based on the decision of the Annual General Meeting on
February 9, 2012, Efore Plc transfers today 82 817 shares to the members of the
Board of Directors as part of the payment of the annual remuneration. 

Trading code: EFO1V
Number of shares: 82 817
Price/share: Gratuitous

After the transfer, the company holds a total of 723 713 own shares.

EFORE PLC

Vesa Vähämöttönen
President and CEO

For further information please contact Mr. Vesa Vähämöttönen, President and
CEO, tel. +358 9 4784 6312 

DISTRIBUTION

Nasdaq OMX Helsinki Oy
Principal media

Efore Group

Efore Group is an international company which develops and produces demanding
power products. Efore's head office is based in Finland and its production
units are located in China and in Estonia. Efore is present also in Sweden. In
the fiscal year ending in October 2011, consolidated net sales totaled EUR 88,1
million and the Group's personnel averaged 960. The company's share is quoted
on the Nasdaq OMX Helsinki Ltd. 


www.efore.com


         Vesa Vähämöttönen, President and CEO, tel. +358 9 4784 6312
News Source: NASDAQ OMX



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Language:     English
Company:      Efore
              
               
              Finland
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         FI0009900054
WKN:          
 
End of Announcement                             DGAP News-Service
 
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