Talvivaara Mining Co. Plc. : The Administrator has requested confirmation of Talvivaara's Corpo

Talvivaara Mining Co. Plc. : The Administrator has requested confirmation of Talvivaara's Corporate Restructuring Programme

ID: 528357

(Thomson Reuters ONE) -


Stock Exchange Release
Talvivaara Mining Company Plc
6 March 2017


The Administrator has requested confirmation of Talvivaara's Corporate
Restructuring Programme


Talvivaara Mining Company Plc ("Talvivaara" or the "Company") announces that the
Administrator of the Company's corporate reorganization proceedings has today
filed a request for confirmation of the Restructuring Programme of Talvivaara to
the District Court of Espoo. According to the Administrator's request, all the
special conditions set for the confirmation and entry into force of the
Restructuring Programme have been fulfilled. Based on the final Draft
Restructuring Programme filed with the District Court of Espoo on 10 April
2015, the Administrator was to notify the District Court of the fulfillment of
the special conditions and to request the confirmation of the Restructuring
Programme by 10 April 2017.

The entry into force of the Company's Draft Restructuring Programme requires a
decision from the District Court of Espoo. Talvivaara anticipates the District
Court of Espoo to announce its decision regarding the confirmation of the
Restructuring Programme in the next few weeks. The Company will inform the
market on the decision in due course.

The Administrator's confirmation request is available on the Talvivaara
corporate website at www.talvivaara.com/corporate-reorganisation.



Enquiries
Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, CEO
Pekka Erkinheimo, Deputy CEO

Castrén & Snellman Attorneys Ltd Tel +358 20 7765765
Pekka Jaatinen, Attorney-at-Law

Talvivaara Adminstrator requested confirmation of the ReOrg Plan:
http://hugin.info/136227/R/2085155/786232.pdf






This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Talvivaaran Kaivososakeyhtiö Oyj via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 06.03.2017 - 15:01 Uhr
Sprache: Deutsch
News-ID 528357
Anzahl Zeichen: 2456

contact information:
Town:

Espoo



Kategorie:

Business News



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"Talvivaara Mining Co. Plc. : The Administrator has requested confirmation of Talvivaara's Corporate Restructuring Programme"
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Talvivaaran Kaivososakeyhtiö Oyj (Nachricht senden)

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