Salcomp Oyj - Company Announcement

EXEMPTION FROM THE OBLIGATION TO PUBLISH INTERIM REPORT

Salo, Finland, 2011-10-10 12:45 CEST (GLOBE NEWSWIRE) -- 
Salcomp Plc             Stock Exchange Release 10 October 2011 at 13:45


EXEMPTION FROM THE OBLIGATION TO PUBLISH INTERIM REPORT


The Finnish Financial Supervisory Authority has granted on the application of
Salcomp Plc (Salcomp) an exemption from the obligation to publish interim
report for the period 1 January - 30 September 2011 pursuant to Chapter 2,
Section 11 of the Finnish Securities Market Act. 


Nordstjernan AB has on 22 September 2011 obtained the right to all shares in
Salcomp in the redemption proceedings under Chapter 18 of the Finnish Companies
Act. The listing of Salcomp shares on NASDAQ OMX Helsinki Ltd was terminated on
22 September 2011. 


In its decision, the Finnish Financial Supervisory Authority has taken into
account, among other things, that the redemption proceedings under Chapter 18
of the Finnish Companies Act, the redemption price is determined based on the
fair price of the share before the initiation of the arbitral proceedings and
that Salcomp has published an interim report covering the first six months of
the accounting period (Q2) during which the arbitral proceedings were
initiated. Since the arbitral proceedings were initiated during Q2, the
Financial Supervisory Authority considered that the exemption from the
subsequent reporting periods does not endanger the position of the investors. 


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