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2017-06-28 15:15:26 CEST 2017-06-28 15:15:26 CEST REGULATED INFORMATION Comptel - Other information disclosed according to the rules of the ExchangeComptel Corporation: ARBITRAL TRIBUNAL HAS CONFIRMED NOKIA'S REDEMPTION RIGHT REGARDING COMPTEL CORPORATION SHARESCOMPTEL CORPORATION STOCK EXCHANGE RELEASE 28 June 2017, at 4.15 PM EET ARBITRAL TRIBUNAL HAS CONFIRMED NOKIA'S REDEMPTION RIGHT REGARDING COMPTEL CORPORATION SHARES, COMPTEL HAS APPLIED FOR DELISTING OF ITS OPTION RIGHTS AND TRADING IN THE COMPANY'S SHARES AND OPTION RIGHTS HAS BEEN TERMINATED The Arbitral Tribunal appointed by the Redemption Committee of the Finland Chamber of Commerce has today confirmed that Nokia Solutions and Networks Oy ("Nokia") has the right to redeem the minority shares in Comptel Corporation ("Comptel") and that Nokia has the right to obtain title to the minority shares by lodging a security approved by the Arbitral Tribunal for the payment of the redemption price and the interest accruing thereon. In such connection, Comptel has today submitted a delisting application to Nasdaq Helsinki Ltd. concerning Comptel's 2014 option rights. Comptel has requested in the application that the quotation of Comptel's option rights on the official list of Nasdaq Helsinki be terminated as soon as possible upon Nokia having gained title to all the shares in Comptel in the redemption proceedings. Pursuant to the confirmation of Nokia's redemption right, Nasdaq Helsinki Ltd. has terminated public trading in Comptel's shares and option rights today at 2.43 PM EET. The lodging of the security, the transfer of title to Nokia and the subsequent delisting of Comptel shares and option rights will be announced in due course through separate a stock exchange release. COMPTEL CORPORATION Pertti Ervi Chairman of the Board of Directors For further information, please contact: Tom Jansson, Chief Financial Officer, tel. +358 40 700 1849, tom.jansson@comptel Distribution: Nasdaq Helsinki Major media www.comptel.com About Comptel Corporation Life is digital moments. Comptel perfects these by transforming how you serve, meet and respond to the needs of "Generation Cloud" customers. Our solutions allow you to innovate rich communications services instantly, master the orchestration of service and order flows, capture data-in-motion and refine your decision-making. We apply intelligence to reduce friction in your business. Comptel has enabled the delivery of digital and communications services to more than 2 billion people. Every day, we care for more than 20% of all mobile usage data. Nearly 300 service providers across 90 countries have trusted us to perfect customers' digital moments. For more information, visit www.comptel.com. [] |
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