2017-09-20 14:40:39 CEST

2017-09-20 14:40:39 CEST


REGULATED INFORMATION

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

Special Representative Appointed for the Arbitration Proceedings Concerning the Redemption of Minority Shares in Sponda Plc


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
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BE PROHIBITED BY APPLICABLE LAW.

Sponda Plc Stock Exchange Release September 20, 2017 at 15:40


Special Representative Appointed for the Arbitration Proceedings Concerning the
Redemption of Minority Shares in Sponda Plc

Polar Bidco S.à r.l. ("Polar Bidco"), a corporation owned by funds advised by
affiliates of The Blackstone Group L.P., has on July 26, 2017 commenced
redemption proceedings in respect of Sponda Plc's ("Sponda") minority shares by
initiating arbitration proceedings in accordance with Chapter 18, Section 3 of
the Finnish Companies Act in order to obtain ownership of all the shares in
Sponda.

As a result of Polar Bidco's application for the above-mentioned arbitration
proceedings, the Redemption Committee of the Finland Chamber of Commerce has
petitioned the Helsinki District Court for the appointment of a special
representative to look after the interests of Sponda's minority shareholders
during the redemption process. With its decision given on September 15, 2017,
the District Court of Helsinki has appointed M.Sc. (Econ.) Tiina Lind to act as
such special representative.

Polar Bidco's notice, as referred to in Chapter 18, Section 5, Subsection 2 of
the Finnish Companies Act, is attached to this release.

Sponda Plc

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 June 30, 2017, the fair value
of Sponda's investment properties was approximately EUR 3.8 billion and the
leasable area was approximately 1.2 million square meters.

www.sponda.fi/en


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Polar - Notice.pdf