Finnlines - Company Announcement

The Arbitral Tribunal has confirmed the redemption price of the shares in Finnlines Plc

Helsinki, Finland, 2016-08-25 16:45 CEST (GLOBE NEWSWIRE) -- 
The Arbitral Tribunal appointed by the Redemption Committee of the Finland
Chamber of Commerce has today rendered an arbitral award in the redemption
proceedings concerning the shares held by minority shareholders in Finnlines
Plc (“Finnlines”). According to the arbitral award, the redemption price of a
Finnlines share shall be EUR 18.00 per share. The arbitral award may be
appealed within 60 days from the registration of the arbitral award. 

Grimaldi Group S.p.A. gained title to all the shares in Finnlines earlier today
when it placed the security approved by the Arbitral Tribunal for the payment
of the redemption price and the interest accruing thereon. 




Further information: Tapani Voionmaa, Group General Counsel, tel. +358 50 565
5207 

Finnlines Plc

Tom Pippingsköld  Tapani Voionmaa      
CFO               Group General Counsel



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Nasdaq Helsinki Ltd

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About Finnlines

Finnlines is a leading shipping operator of ro-ro and passenger services in the
Baltic Sea and the North Sea. The Company is listed on the Nasdaq Helsinki Ltd
and is a part of the Grimaldi Group, one of the world's largest operators of
ro-ro vessels and the largest operator of the Motorways of the Sea in Europe
for both passengers and freight. This affiliation enables Finnlines to offer
liner services to and from any destination in the Mediterranean, North Europe,
West Africa as well as the Atlantic coast of both North and South America. 

www.finnlines.com