Salo, Finland, 2011-09-20 13:15 CEST (GLOBE NEWSWIRE) --
Salcomp Plc Stock exchange release 20 September 2011 at 14.15 Finnish time
NORDSTJERNAN HAS A REDEMPTION RIGHT TO THE MINORITY SHARES IN SALCOMP
The Arbitral Tribunal appointed by the Redemption Committee of the Central Chamber of Commerce has today confirmed that Nordstjernan AB (“Nordstjernan”) has a right to redeem the minority shares of Salcomp Plc and that Nordstjernan has the right to obtain the title to the minority shares by depositing a security approved by the Arbitral Tribunal for the payment of the redemption price.
Nordstjernan has notified that it will deposit the required security as soon as possible.
Information on the depositing of the security and measures relating thereto, as well as matters relating the termination of trading will be released separately.
SALCOMP PLC
Markku Hangasjärvi
President and CEO
Distribution: NASDAQ OMX Helsinki The main media
Further information:
Markku Hangasjärvi, President and CEO, tel. +358 40 7310 114
Tomas Billing, President, Nordstjernan AB, tel. +46 8 788 50 18