Outotec has gained title to all the shares in Larox
(Thomson Reuters ONE) -
OUTOTEC OYJ STOCK EXCHANGE RELEASE, JUNE 10, 2010 AT 2.30 PM
Outotec has gained title to all the shares in Larox
The Arbitral Tribunal appointed by the Redemption Committee of the Central
Chamber of Commerce of Finland has today confirmed that Outotec Oyj has the
right to redeem the minority shares in Larox Corporation and that Outotec has
the right to obtain title to the minority shares by lodging security approved by
the Arbitral Tribunal for the payment of the redemption price and the interest
accruing thereon.
Outotec has today lodged security approved by the Arbitral Tribunal and thus
gained title to all the shares in Larox in accordance with Chapter 18, Section
6 of the Finnish Companies Act. After the security having been lodged, the
minority shareholders of Larox being parties to the redemption proceedings are
only entitled to receive the redemption price and the interest payable thereon.
Upon application by Larox, NASDAQ OMX Helsinki has decided that the Larox shares
will be delisted from NASDAQ OMX Helsinki upon title to all shares in Larox
having been transferred to Outotec. The quoting of the Larox shares will thus
cease in accordance with a separate release to be published by NASDAQ OMX
Helsinki.
For further information, please contact:
OUTOTEC
Rita Uotila, VP - Investor Relations
tel. +358 20 529 2003, +358 400 954 141
Eila Paatela, VP - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198
e-mails: firstname.lastname(at)outotec.com
DISTRIBUTION
NASDAQ OMX Helsinki
Main media
www.outotec.com
[HUG#1423039]
Unternehmensinformation / Kurzprofil:
Datum: 10.06.2010 - 13:31 Uhr
Sprache: Deutsch
News-ID 22224
Anzahl Zeichen: 0
contact information:
Town:
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Kategorie:
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