Arbitral tribunal appointed for the arbitration proceedings concerning the redemption of minority shares in Innofactor Plc
13 Febbraio 2025 - 1:50PM
UK Regulatory
Arbitral tribunal appointed for the arbitration proceedings
concerning the redemption of minority shares in Innofactor Plc
Innofactor Plc | Stock Exchange Release |
February 13, 2025 at 14:50 EET
Arbitral tribunal appointed for the
arbitration proceedings concerning the redemption of minority
shares in Innofactor Plc
As previously announced, Onni Bidco Oy
(“Onni Bidco”) has, by submitting an application
to the Redemption Board of the Finland Chamber of Commerce dated
December 2, 2024, commenced redemption proceedings in respect of
Innofactor Plc’s (“Innofactor”) minority shares by
initiating arbitration proceedings in accordance with Chapter 18,
Section 3 of the Finnish Companies Act in order to obtain ownership
of all the issued and outstanding shares in Innofactor. Onni Bidco
served its application to appoint an arbitral tribunal and to
initiate arbitration proceedings in accordance with Chapter 18,
Section 5 of the Finnish Companies Act on January 7, 2025.
Onni Bidco has today been informed that the
Redemption Board of the Finland Chamber of Commerce has appointed
an arbitral tribunal consisting of three members for the
arbitration proceedings concerning the redemption of the minority
shares in Innofactor. The arbitral tribunal consists of Independent
Arbitrator Heidi Merikalla-Teir (chair), Professor Emeritus, LL.D.,
Trained on the bench Raimo Immonen and D.Sc. (Econ.), CVA Harri
Seppänen.
Investor and media
enquiries:
Veera Vitie (Innofactor), ir@innofactor.com,
+358 44 331 0207
Lasse Lautsuo (Innofactor), ir@innofactor.com, +358 50 480 1597
Distribution:
NASDAQ Helsinki
Main media
www.innofactor.com
ABOUT INNOFACTOR
Innofactor is the leading promoter of the modern
digital organization in the Nordic countries for its approximately
1,000 customers in the commercial and public sectors. Innofactor
has the widest solution offering and leading know-how in the
Microsoft ecosystem in the Nordics. Innofactor’s offering includes
planning services for business-critical IT solutions, project
deliveries, implementation support and maintenance services, as
well as own software and services. Innofactor employs nearly 600
experts in Finland, Sweden, Denmark and Norway. Innofactor’s shares
are listed on Nasdaq Helsinki with the ticker symbol IFA1V.
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