Nasdaq Helsinki Ltd
Announcement from the exchange
THE SHARE OF HOIVATILAT PLC WILL BE DELISTED FROM NASDAQ HELSINKI
EXCHANGE NOTICE, 23 APRIL 2020 SHARES
THE SHARE OF HOIVATILAT PLC WILL BE DELISTED FROM NASDAQ HELSINKI
On the basis of the Finnish Companies Act, the right and duty of
a majority shareholder to redeem the shares held by other shareholders
in Hoivatilat Plc exists. The share of Hoivatilat Plc will be delisted
from Nasdaq Helsinki when the ownership of all shares of Hoivatilat Plc
has been transferred to the redeemer in the redemption process.
According to the Finnish Companies Act, if the existence of the
right of redemption has been confirmed by a res judicata judgement
or if the arbitrators consider this to be clearly the case, but
there is no agreement or order regarding the redemption price,
the share shall be transferred to the redeemer at once, if the
redeemer posts security for the payment of the redemption price
and the arbitrators approve the security.
Nasdaq Helsinki Oy, Surveillance, survo@nasdaq.com, +358 9 6166 7260