Capital Research and Management Company have, in accordance with section 9 of chapter 2 of the Finnish Securities Market Act, notified Orion Corporation that, in result of their recent acquisition of shares in Orion Corporation into mutual funds under their management, their control of Orion Corporation has risen above 1/20 (one of twenty) of the total shares and that, after the acquisition, they exercise control over 7,281,692 B-shares representing 5.1549% of the total Orion Corporation shares and 0.63161% of the total votes.
Capital Research and Management Company also announces that:
1. the date on which the ownership has risen above the 1/20 limit of section 9 of chapter 2 of the Finnish Securities Market Act was 21 November 2007.
2. their official name is Capital Research and Management Company. The company's registration number is not known to Orion Corporation.
3. Capital Research and Management Company is a U.S.-based investment adviser that manages The American Funds Group of mutual funds. Capital Research and Management Company does not own shares of the companies it invests in for its own account. The shares reported in the announcement are owned by mutual funds under the management of Capital Research and Management.
The full name of the target company of the share acquisition is Orion Corporation, business identity code 19992126. The current total number of Orion Corporation shares is 141,257,828, of which 52,818,688 are class A shares and 88,439,140 are class B shares. As each A-share provides 20 votes and each B-share one vote at the General Meeting of the shareholders, the total number of votes is 1,144,812,900. Accordingly, the B-shares currently controlled by Capital Research and Management Company represent 5.1549% of the share capital and 0.6361% of the total votes.
Orion Corporation
Jukka Viinanen Olli Huotari
President and CEO Senior VP, Corporate Functions
Publisher:
Orion Corporation
Communications
Orionintie 1A, FI-02200 Espoo
Homepage: www.orion.fi