STOCK EXCHANGE RELEASE 26.6.2007
PUUHARYHMÄ'S STOCK EXCHANGE RELEASE: ASPRO HOLDS 100 % OF PUUHARYHMÄ
Puuharyhmä Oyj, a subsidiary of Aspro Ocio S.A., has today issued the stock
exchange release attached below.
Aspro Ocio S.A.
Board of Directors
For more information:
Erkki Mattila, Puuharyhmä Oyj, Managing Director
Tel. +358 500 637 428
Distribution:
Helsinki Stock Exchange
Key media
Appendix
PUUHARYHMÄ OYJ Stock exchange release 26.6.2007
ASPRO HOLDS 100 PERCENT OF PUUHARYHMÄ
The Arbitration Court appointed by the redemption committee of the Central
Chamber of Commerce has today confirmed that Aspro Ocio S.A. (Aspro)has an
undisputed right to redeem the minority shares of Puuharyhmä Oyj (Puuharyhmä)and
that Aspro has the right to obtain the title to the minority shares by posting a
security approved by the Arbitration Court for the redemption price and the
interest payable on it.
Aspro has posted the required security and has thereby today obtained the title
to the entire share capital of Puuharyhmä, as provided under the Finnish
Companies Act. After the posting of the security, Puuharyhmä's minority
shareholders, who are parties to the redemption proceedings, are only entitled
to receive the redemption price and the interest payable on it.
The minority shareholders will later be sent further details of the decision of
the Arbitration Court and of other procedures in accordance with the
instructions provided by the Arbitration Court.
Upon application of Puuharyhmä the Helsinki Stock Exchange has decided, that the
shares of Puuharyhmä shall be de-listed from the Helsinki Stock Exchange when
the title to all shares in Puuharyhmä has been transferred to Aspro. Thus
quotation of the shares of Puuharyhmä shall be terminated in accordance with a
separate notification by the Helsinki Stock Exchange.
Puuharyhmä Oyj
Erkki Mattila
Managing Director
For more information:
Managing Director Erkki Mattila, Tel +358 500 637 428