Finnlines - Company Announcement

Commencement of Rights of Squeeze-out And Sell-out Pursuant to the Finnish Companies Act

Helsinki, Finland, 2015-10-12 12:45 CEST (GLOBE NEWSWIRE) -- 
Finnlines Plc                                               Stock Exchange
Release 12 October 2015 at 13:45 



COMMENCEMENT OF RIGHTS OF SQUEEZE-OUT AND SELL-OUT PURSUANT TO THE FINNISH
COMPANIES ACT 

Grimaldi Group S.p.A. ("Grimaldi") has notified Finnlines Plc ("Finnlines") in
accordance with Chapter 18, Section 2, Subsection 1 of the Finnish Companies
Act (624/2006) that it holds approximately 91.32 per cent of all shares and
votes in Finnlines. Because Grimaldi holds more than 9/10 of all shares and
votes in Finnlines, it has the right and obligation under chapter 18, section 1
of the Finnish Companies Act to redeem the shares held by Finnlines' other
shareholders at the fair price. 

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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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 OMX 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