Finnlines - Company Announcement

Finnlines informs - Ilmarinen has filed an application for a leave to appeal with the supreme court in the minimum dividend action

Helsinki, Finland, 2012-01-31 16:28 CET (GLOBE NEWSWIRE) -- Finnlines Plc  
Stock Exchange Release 31 January 2012   at 5.30 p.m. 



FINNLINES INFORMS - ILMARINEN HAS FILED AN APPLICATION FOR A LEAVE TO APPEAL
WITH THE SUPREME COURT IN THE MINIMUM DIVIDEND ACTION 



Mutual Pension Insurance Company Ilmarinen has filed an application for a leave
to appeal and a petition of appeal with the Supreme Court regarding the
judgment of the Helsinki Court Of Appeal of 29 November 2011 in which the Court
of Appeal overruled the judgment rendered by the Helsinki District Court on 3
March 2010 and dismissed all claims presented against Finnlines Plc by
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 17,181,000 euros instead of 180,216.39 euros. The Court of Appeal found
the decision by Finnlines' Annual General Meeting not to have been in breach of
the provisions of the Finnish Companies Act relating to minimum dividend. 



Finnlines Plc



Seija Turunen / Tapani Voionmaa

CFO / Group Legal Counsel



Distribution   OMX Helsinki Stock Exchange

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