English | 简体中文 | 繁體中文 | 한국어
Share:
Pöyry PLC: Special Representative Appointed for the Arbitration Proceedings Concerning the Redemption of Minority Shares in Pöyry PLC

Special Representative Appointed for the Arbitration Proceedings Concerning the Redemption of Minority Shares in Pöyry PLC

Pöyry PLC                                             Stock Exchange Release March 20, 2019 at 9:30 (EET)

This stock exchange release may not be released, published or otherwise distributed, in whole or in part, in or into, directly or indirectly, Australia, Canada, Hong Kong, Japan, New Zealand or South Africa or in any other jurisdiction in which the tender offer would be prohibited by applicable law.

Special Representative Appointed for the Arbitration Proceedings Concerning the Redemption of Minority Shares in Pöyry Plc

ÅF Pöyry AB (publ) ("ÅF") has on February 22, 2019 commenced redemption proceedings in respect of Pöyry Plc's ("Pöyry") minority shares by initiating arbitration proceedings in accordance with Chapter 18, Section 3 of the Finnish Companies Act in order to obtain ownership of all the issued and outstanding shares in Pöyry.

As a result of Pöyry's application for the above-mentioned arbitration proceedings, the Redemption Committee of the Finland Chamber of Commerce has petitioned the District Court of Itä-Uusimaa for the appointment of a special representative to look after the interests of Pöyry's minority shareholders during the redemption process. With its decision given on March 19, 2019, the District Court of Itä-Uusimaa has appointed attorney-at-law Pauliina Tenhunen to act as such special representative.

Pöyry's notice, as referred to in Chapter 18, Section 5, Subsection 2 of the Finnish Companies Act, is attached to this release.

PÖYRY PLC

Additional information:

Juuso Pajunen, CFO
Tel. +358 10 33 26632

Attachment: ÅF - Notice




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

Copyright © Thomson Reuters 2019. All rights reserved.
Press Releases
FRO - Update Regarding Front Altair  
June 14, 2019 21:30 ET
Novartis continues to innovate in CML with long-term treatment-free remission results following Tasigna® use and promising combination data with investigational compound asciminib (ABL001)  
June 14, 2019 08:30 ET
Ole Martin Grimsrud Appointed CFO of Aker Solutions  
June 14, 2019 07:00 ET
REC Silicon - Delay Moses Lake shutdown decision until July 15  
June 13, 2019 21:00 ET
DFDS A/S: COLLABORATION WITH VOLVO TRUCKS ON AUTONOMOUS TRANSPORT BETWEEN LOGISTICS CENTRE AND PORT TERMINAL  
June 13, 2019 15:43 ET
Verisk Financial Helps Neobank Xinja Ensure APRA Compliance  
June 4, 2019 22:29 ET
Curt Espeland to address the Deutsche Bank Global Industrials & Materials Summit  
May 30, 2019 22:29 ET
Lubrizol to Present at the 29th CIMAC World Congress 2019  
May 28, 2019 21:59 ET
Particle Sciences Expands Controlled Substance Capabilities with Approval of DEA Schedule I Registration  
May 28, 2019 20:29 ET
Forbes ranks Eastman as one of the Best Large Employers in America  
May 21, 2019 22:29 ET
More News >>
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 5791 1818

Connect With us: