The Arbitral Tribunal appointed by the Redemption Committee of the Central Chamber of Commerce has today confirmed that Yara Nederland B.V. ("Yara") has a right to redeem the minority shares in Kemira GrowHow Oyj ("Kemira GrowHow") and that Yara has the right to obtain title to the minority shares by depositing a security approved by the Arbitral Tribunal for the payment of the redemption price and the interest accruing thereon. Yara has today deposited the required security and has thereby obtained the title to the entire Kemira GrowHow stock of shares, as provided under Chapter 18, Section 6 of the Finnish Companies Act. After the depositing of the security, the Kemira GrowHow minority shareholders who are parties to the redemption process are only entitled to receive the redemption price and the interest payable on it. Upon application by Kemira GrowHow, OMX Nordic Exchange Helsinki Oy ("OMX Helsinki") has decided that the Kemira GrowHow shares will be delisted from the Official List of OMX Helsinki upon title to all shares in Kemira GrowHow having been transferred to Yara. The quoting of the Kemira GrowHow shares on OMX Helsinki will thus cease today in accordance with a separate release by OMX Helsinki. Kemira GrowHow Oyj Board of Directors For additional information please contact: Kemira GrowHow Oyj Kaj Friman, CFO Tel. (+358) 50 62 626 Distribution Helsinki Stock Exchange Media Kemira GrowHow Oyj is listed on the Helsinki Stock Exchange and it is a subsidiary of Yara International ASA. Yara International ASA is a leading chemical company that converts energy, natural minerals and nitrogen from air into essential products for farmers and industrial customers. As the number one global supplier of mineral fertilizers and agronomic solutions, we help provide food for the growing world population. Our industrial product portfolio includes environmental protection agents that safeguard air and water purity as well as preserve food quality. Yara's global workforce of over 8,200 employees represents great diversity and talent, enabling us to remain the leading performer of the industry. Read more at www.yara.com
Yara Nederland B.V. has gained title to all the shares in Kemira GrowHow Oyj
| Source: Kemira GrowHow Oyj