Salcomp Oyj
APPOINTMENT OF TRUSTEE IN ARBITRAL PROCEEDINGS REGARDING REDEMPTION OF SHARES IN SALCOMP
Salcomp Oyj 05.04.2011 09:30 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Salo, Finland, 2011-04-05 09:30 CEST (GLOBE NEWSWIRE) -- Salcomp Plc Stock exchange release 5 April 2011 at 10:30 Finnish time Salcomp Plc ('Salcomp') has received the following information from Nordstjernan AB ('Nordstjernan'). 'The Redemption Committee of the Central Chamber of Commerce has on the basis of Nordstjernan's application requested the District Court of Varsinais-Suomi to appoint a trustee for the arbitral proceedings to supervise the interests of the minority shareholders of Salcomp during the redemption proceedings. The Redemption Committee has informed Nordstjernan that the District Court of Varsinais-Suomi appointed on 31 March 2011 attorney-at-law Kim Kyntölä as the trustee.' The trustee has the right and the obligation to make a case on behalf of the minority shareholders and to present evidence in support thereof in the arbitration proceedings. The trustee is not competent to make or to accept demands relating to the redemption on behalf of the minority shareholders, nor undertake measures that are contrary to the measures taken by a minority shareholder. The contact details of the trustee are as follows: Kim Kyntölä, attorney-at-law Asianajotoimisto Sivenius, Suvanto & Co Oy Mannerheimintie 15 A 00260 Helsinki Telephone +358 9 5306 7635, +358 50 5319 776 Fax +358 9 5306 7699 E-mail kim.kyntola@sisulaw.fi SALCOMP PLC Markku Hangasjärvi President and CEO Distribution: NASDAQ OMX Helsinki The main media www.salcomp.com Further information: Markku Hangasjärvi, President and CEO, tel. +358 40 7310 114 Tomas Billing, President, Nordstjernan AB, p. +46 8 788 50 18 News Source: NASDAQ OMX 05.04.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Salcomp Oyj Finland Phone: Fax: E-mail: Internet: ISIN: FI0009013924 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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