Exemption from the Regular Duty of Disclosure
(Thomson Reuters ONE) -
Tekla Corporation Stock Exchange Release January 25, 2012 at 9 a.m.
Exemption from the Regular Duty of Disclosure
The Finnish Financial Supervisory Authority has granted upon the application of
Tekla Corporation ("Tekla") an exemption from the duty to publish financial
statements, the report of the Board of Directors, the financial statements
bulletin, and the annual summary from the year 2011. An exemption has also been
granted from the duty to publish an interim report from the period January 1 to
March 31, 2012.
In its decision, the Finnish Financial Supervisory Authority has taken into
account, among other things, the fact that in the redemption proceedings under
Chapter 18 of the Finnish Companies Act the redemption price is determined based
on the fair price of the share before the initiation of the arbitral
proceedings, and that Tekla has published an interim report covering the first
nine months of the accounting period that started on January 1, 2011, during
which time the arbitral proceedings became pending. Since the arbitral
proceedings were initiated during the said period, the Finnish Financial
Supervisory Authority has determined that the exemption concerning subsequent
reporting periods does not jeopardize the position of the investors.
TEKLA CORPORATION
Board of Directors
Additional information: Timo Keinänen, CFO, tel. +358 400 813 027,
firstname.lastname (at) tekla.com
Distribution: NASDAQ OMX Helsinki Ltd, main media and www.tekla.com
Tekla Corporation drives the evolution of digital information models with its
software, providing a growing competitive advantage to customers in the
construction, infrastructure and energy industries. Tekla's net sales for 2010
were nearly 58 million euros and operating result nearly 10 million euros.
International operations accounted for approximately 80% of net sales. Tekla has
customers in 100 countries, offices in 15 countries and a worldwide partner
network. Tekla Group currently employs more than 500 persons, of whom about 200
work outside of the headquarters in Finland. Tekla was established in 1966, and
is one of the longest-operating Finnish software companies. Tekla Corporation
became part of Trimble in July 2011.
www.tekla.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Tekla Oyj via Thomson Reuters ONE
[HUG#1579919]
Unternehmensinformation / Kurzprofil:
Datum: 25.01.2012 - 08:01 Uhr
Sprache: Deutsch
News-ID 107511
Anzahl Zeichen: 3103
contact information:
Town:
Espoo
Kategorie:
Business News
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"Exemption from the Regular Duty of Disclosure"
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Tekla Oyj (Nachricht senden)
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