2017-12-05 14:50:00 CET

2017-12-05 14:50:38 CET


REGULATED INFORMATION

Finnish English
Sponda - Other information disclosed according to the rules of the Exchange

Arbitral tribunal has confirmed Polar Bidco's redemption right over Sponda's minority shares and trading in the shares of Sponda has been suspended


THIS  RELEASE MAY NOT BE RELEASED,  PUBLISHED OR OTHERWISE DISTRIBUTED, IN WHOLE
OR  IN PART, IN OR INTO, DIRECTLY OR INDIRECTLY, CANADA, JAPAN, AUSTRALIA, SOUTH
AFRICA OR HONG KONG OR IN ANY OTHER JURISDICTION IN WHICH IT WOULD BE PROHIBITED
BY APPLICABLE LAW.

Sponda          Plc                                       Stock         Exchange
Release                       December 5, 2017 at 15:50

Arbitral  tribunal has  confirmed Polar  Bidco's redemption  right over Sponda's
minority shares and trading in the shares of Sponda has been suspended

The  arbitral  tribunal  appointed  by  the  Redemption Committee of the Finland
Chamber  of Commerce has in its interim award on December 5, 2017 confirmed that
Polar Bidco S.à r.l. ("Polar Bidco") has the right to redeem the minority shares
in Sponda Plc ("Sponda") and that Polar Bidco has the right to gain title to the
minority  shares by posting a security approved by the arbitral tribunal for the
payment of the redemption price and the interest accruing thereon.

Sponda  has on  October 19, 2017 applied  for the  termination of trading in the
shares  of Sponda  and the  delisting of  its shares  from the  official list of
Nasdaq  Helsinki Ltd following the  posting of the security.  As a result of the
interim  award, Nasdaq Helsinki Ltd  has suspended the trading  in the shares of
Sponda  on  December  5, 2017 at  15:03 (EET).  Posting  of the security and the
delisting of Sponda's shares will be announced separately.

Sponda Plc

Board of Directors

Further information: Niklas Nylander, CFO, tel. +358 40 754 5961

Sponda in brief:

Sponda is a property investment company specializing in commercial properties in
the  largest cities in Finland.  Sponda's business concept is  to own, lease and
develop retail and office properties and shopping centers into environments that
promote  the business success of its clients. As at September 30, 2017, the fair
value  of Sponda's investment  properties was approximately  EUR 3.9 billion and
the leasable area was approximately 1.2 million square meters.






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