ALDATA SOLUTION OYJ APPLIES FOR DELISTING OF ITS SHARES

Mittwoch, 15.02.2012 19:33 von

ALDATA SOLUTION OYJ APPLIES FOR DELISTING OF ITS SHARES

ALDATA SOLUTION OYJ,  STOCK EXCHANGE RELEASE,  15 FEBRUARY 2012 AT 8.30 P.M. (EET)

ALDATA SOLUTION OYJ APPLIES FOR DELISTING OF ITS SHARES

Symphony Technology II-A, L.P. ("Symphony") owns approximately 90.1 per cent of all the shares and votes in Aldata Solution Oyj ("Aldata"). Symphony has initiated minority redemption proceedings in accordance with Chapter 18 of the Finnish Companies Act in order to acquire all the remaining Aldata shares held by the minority shareholders.
 
The arbitrator appointed by the Redemption Committee of the Central Chamber of Commerce of Finland has summoned the parties to an oral hearing concerning the redemption of the minority shares to be held on 27 February 2012. Provided that the Arbitral Tribunal confirms that Symphony's redemption right is clear, Symphony is entitled to gain title to all the Aldata shares against the placing of security approved by the Arbitral Tribunal for the payment of the redemption price.
 
Aldata's Board of Directors has decided to submit an application to terminate the trading in the Aldata shares and to delist all the Aldata shares from the official list of NASDAQ OMX Helsinki Ltd. ("NASDAQ OMX Helsinki"). A delisting application concerning the matter will be submitted to NASDAQ OMX Helsinki as soon as possible. In the application Aldata requests that the quotation of the Aldata shares on the official list of NASDAQ OMX Helsinki be terminated as soon as possible upon Symphony having gained title to all the shares in Aldata.

Aldata Solution Oyj

Further information:

Graham Howell, CFO, tel. +33 633 057 620

About Aldata

Aldata is a global leader in retail and distribution optimization. Our software and service solutions help retailers, distributors and manufacturers dramatically improve their business performance. We optimize categories, space, supply, logistics, and consumer engagement to increase our customers' revenue and margins, reduce time, cost and waste, and enhance on-shelf availability, service, and retention.

Founded in 1988, Aldata has an unparalleled track record of delivering successful projects for the world's largest retail and consumer brands, national wholesale and distribution organizations, and regional store chains. Aldata Solution is a public company quoted on NASDAQ OMX Helsinki Ltd with the identifier ALD1V.

Discover more about Aldata's customers, our solutions, and the multi-skilled global team that supports them at www.aldata.com

Distribution:

NASDAQ OMX Helsinki Ltd

Media

www.aldata.com





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Source: Aldata Solution Oyj via Thomson Reuters ONE

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