Finnlines - Company Announcement

The Supreme Court of Finland dismissed minimum dividend action initiated against Finnlines by Ilmarinen

Helsinki, Finland, 2015-12-29 08:14 CET (GLOBE NEWSWIRE) -- The Supreme Court
Of Finland has today sustained the judgment rendered by the Helsinki Court of
Appeal on 29 November 2011 and dismissed all claims presented against Finnlines
Plc by Mutual Pension Insurance Company Ilmarinen. 

In its action Ilmarinen had objected to the decision of Finnlines’ Annual
General Meeting held on 20 May 2008 concerning minimum dividend and demanded
that the resolution be amended so that the minimum dividend paid should have
been EUR 17,181,000 instead of EUR 180,216.39. 

The Supreme Court dismissed Ilmarinen's petition on the Court of Appeal's
ruling and maintained said ruling in force. 

The Supreme Court has ordered Ilmarinen to compensate Finnlines’ legal costs in
the Supreme Court by an amount of EUR 28,734.75 together with interest at
statutory rate. 

The judgment is final and non-appealable.

In Helsinki on 29.12.2015


Finnlines Plc



Tom Pippingsköld                             Tapani Voionmaa
CFO                                          Group General Counsel



Distribution   Nasdaq Helsinki Ltd
               Main media





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, West Africa as
well as the Atlantic coast of both North and South America. 

www.finnlines.com