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2015-05-27

Vacon Oyj: Vacon has received from the Finnish Financial Supervisory Authority an exemption from the regular duty of disclosure

Vacon Plc, Stock Exchange Release, 27 May 2015 at 16.50 (EET)

The Finnish Financial Supervisory Authority has granted, upon application from
Vacon Plc ("Vacon"), an exemption from the duty to publish Q2/2015 interim
report, Q3/2015 interim report, the financial statements bulletin for the
period 1 January to 31 December 2015 and financial statements and the report
of the Board of Directors as well as the auditor's report for the period 1
January to 31 December 2015. Vacon's shares were delisted from NASDAQ OMX
Helsinki Ltd's official list on 15 May 2015.

In its decision, the Finnish Financial Supervisory Authority has taken into
account that in the squeeze-out proceedings under Chapter 18 of the Finnish
Limited Liabilities Companies Act, the redemption price is determined based
on the fair price of the share before the initiation of arbitral proceedings,
and that Vacon has published an interim report covering the period during
which the arbitral proceedings became pending. The Finnish Financial
Supervisory Authority has deemed that the exemption does not jeopardize the
position of the investors.

VACON PLC

Further information:

* Vesa Laisi, President and CEO, Vacon Plc, phone +358 (0)40 8371 510,
vesa.laisi(at)vacon.com
* Sebastian Linko, Director, Corporate Communications and Investor Relations,
+358 (0)40 8371 634, sebastian.linko(at)vacon.com

Vacon in brief

Vacon is driven by a passion to develop, manufacture and sell the best AC
drives and inverters in the world - and provide customers with efficient
product lifecycle services. Our AC drives offer optimum process control and
energy efficiency for electric motors. Vacon inverters play a key role when
energy is produced from renewable sources. Vacon has production and R&D
facilities in Europe, Asia and North America, and sales offices in 32
countries. Further, Vacon has sales representatives and service partners in
nearly 90 countries. In 2014, Vacon's revenues amounted to EUR 409.4 million,
and the company employed globally approximately 1,600 people. Vacon is part
of Danfoss Group.

Driven by Drives, www.vacon.com

Distribution:

NASDAQ OMX Helsinki
Financial Supervisory Authority
Main media

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vacon Oyj via Globenewswire

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