FINNLINES BOARD HAS DECIDED ON A SHARE ISSUE


Helsinki, Finland, 2013-02-28 12:44 CET (GLOBE NEWSWIRE) -- Finnlines Plc    Stock Exchange Release II  February 28, 2013

 

FINNLINES BOARD HAS DECIDED ON A SHARE ISSUE

The Board of Finnlines Plc has decided to increase the equity and the solidity of the Company.

On the basis of the authorisation given by the Annual General Meeting on the 17th of April 2012 the Board of Directors of Finnlines Plc has resolved to issue 4,600,000 new shares for subscription by the Company’s existing shareholders. This represents about 10% of the total number of the Company’s shares and votes.

The major shareholder, Grimaldi Group, has guaranteed the full subscription of this issue, of which the conditions will be published during March 2013.

 

Finnlines Plc

The Board of Directors

 

 

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Nasdaq OMX Helsinki Ltd

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