Vacon cancels treasury shares

Vacon Plc, Stock Exchange Release, 12 February 2015 at 9.35 a.m. (EET)

Vacon Plc has decided to cancel all 56,164 treasury shares held by the company. The cancellation of shares does not have an effect on the amount of share capital of the company. The cancellation of shares will be notified to the Trade Register for registration without undue delay. Following the cancellation the number of shares in the company will be 30,533,836.

VACON PLC

Further information:

• 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 31 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. The shares of Vacon Plc (VAC1V) are quoted on the main list of the Helsinki stock exchange (NASDAQ OMX Helsinki). Vacon is part of Danfoss Group

Driven by Drives, www.vacon.com

Distribution:

NASDAQ OMX Helsinki
Financial Supervisory Authority
Main media