Aldata Solution Oyj, Stock Exchange Release, 7 May 2012 at 8.30 p.m. (EET) ALDATA SOLUTION OYJ: INTERIM MANAGEMENT STATEMENT TO BE PUBLISHED INSTEAD OF INTERIM REPORT IN MAY 2012 AND EXEMPTION GRANTED BY THE FINNISH FSA ON SUBSEQUENT REPORTING OBLIGATIONS Aldata Solution Oyj ("Aldata") has decided to move to the publication of an interim management statement in accordance with Chapter 2, Section 5 c of the Securities Market Act instead of publishing an interim report for the first three and nine months of the financial year. Aldata believes that publishing an interim management statement is more suitable than publishing an interim report considering that the arbitral award regarding the redemption proceedings of the minority shares of Aldata was rendered on 4 May 2012 and that Aldata's share will thus be delisted in the near future. The market capitalization of Aldata is below EUR 75 million and Aldata thus meets the preconditions set out in the decree 153/2007 of the Ministry of Finance for moving to the publication of an interim management statement. Aldata will publish the interim management statement on 16 May 2012. The Finnish Financial Supervisory Authority has on 7 May 2012 granted Aldata an exemption from the obligation to publish before the beginning of the financial year the fact that Aldata will not publish an interim report for the first three and nine months of the year. In addition, the Finnish Financial Supervisory Authority has granted Aldata an exemption from the obligation to publish an interim report for the period 1 January - 30 June 2012 provided that the company will be delisted prior to 31 August 2012, as well as an exemption from the obligation to publish an interim management statement during the second six months of the financial year 2012 provided that Aldata has been delisted six weeks before the end of the financial year at the latest. In its decision, the Finnish Financial Supervisory Authority has, among other things, taken into consideration that the redemption proceedings became officially pending during the financial year 1 January - 31 December 2011, i.e. on 7 November 2011, and ended on 4 May 2012. Under the Finnish Companies Act, the redemption price is determined based on the fair price during the period preceding the initiation of the arbitral proceedings. Aldata has received from NASDAQ OMX Helsinki Ltd a decision according to which Aldata's share will be delisted. According to the decision of the Financial Supervisory Authority, on these and other grounds presented by Aldata, and provided that the share of Aldata will be delisted before 31 August 2012, granting of the exemption cannot be considered to endanger the position of investors nor to be contrary to the provisions of the European Community regarding financial statements and consolidated financial statements. The share of Aldata is expected to be delisted in July-August 2012. Aldata Solution Oyj Further information: Investor relations, tel. +358 10 820 8000 About Aldata Aldata is a global leader in retail and distribution optimization. Our software and service solutions help retailers, distributors and manufacturers dramatically improve their business performance. We optimize categories, space, supply, logistics, and consumer engagement to increase our customers' revenue and margins, reduce time, cost and waste, and enhance on-shelf availability, service, and retention. Founded in 1988, Aldata has an unparalleled track record of delivering successful projects for the world's largest retail and consumer brands, national wholesale and distribution organizations, and regional store chains. Aldata Solution is a public company quoted on NASDAQ OMX Helsinki Ltd with the identifier ALD1V. Discover more about Aldata's customers, our solutions, and the multi-skilled global team that supports them at www.aldata.com Distribution: NASDAQ OMX Helsinki Ltd Media www.aldata.com [HUG#1609566]
ALDATA SOLUTION OYJ: INTERIM MANAGEMENT STATEMENT TO BE PUBLISHED INSTEAD OF INTERIM REPORT IN MAY 2012 AND EXEMPTION GRANTED BY THE FINNISH FSA ON SUBSEQUENT REPORTING OBLIGATIONS
| Quelle: Aldata Solution Oyj