Trimble Finland has the Right to Redeem Minority Shares in Tekla Corporation
(Thomson Reuters ONE) -
Tekla Corporation Stock Exchange Release February 7, 2012 at 9 a.m.
Trimble Finland has the Right to Redeem Minority Shares in Tekla Corporation
The arbitral tribunal appointed by the redemption board of the Central Chamber
of Commerce has confirmed that Trimble Finland Oy has the right to redeem the
minority shares in Tekla Corporation, and that Trimble Finland Oy has the right
to obtain the title to the minority shares by posting a security approved by the
arbitral tribunal for the payment of the redemption price.
Trimble Finland Oy has informed Tekla Corporation that it will post the required
security as soon as possible. Information on the posting of the security and
measures relating thereto, as well as on matters relating to the delisting of
Tekla Corporation's share, will be released separately.
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#1583181]
Unternehmensinformation / Kurzprofil:
Datum: 07.02.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 111616
Anzahl Zeichen: 2612
contact information:
Town:
Espoo
Kategorie:
Business News
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"Trimble Finland has the Right to Redeem Minority Shares in Tekla Corporation"
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