Onni Bidco Oy has gained title to the minority shares in Innofactor Plc, and the Innofactor Plc shares will be delisted from the official list of Nasdaq Helsinki
Innofactor Plc | Stock Exchange Release | April 25, 2025 at 12:55 EEST
Onni Bidco Oy has gained title to the minority shares in Innofactor Plc, and the Innofactor Plc shares will be delisted from the official list of Nasdaq Helsinki
Onni Bidco Oy (“Onni Bidco”) has posted a security approved by the arbitral tribunal appointed by the Redemption Board of the Finland Chamber of Commerce in connection with the redemption proceedings concerning the minority shares in Innofactor Plc (“Innofactor”). Onni Bidco has thus gained title to all the shares in Innofactor in accordance with Chapter 18, Section 6 of the Finnish Companies Act. As a result of the posting of the security and the transfer of title, the minority shareholders of Innofactor being parties to the redemption proceedings are entitled to receive only the redemption price when it falls due and the interest payable thereon.
Upon Innofactor’s application, Nasdaq Helsinki Ltd (“Nasdaq Helsinki”) has on April 16, 2025 resolved that the shares in Innofactor will be delisted from the official list of Nasdaq Helsinki after Onni Bidco has gained title to all the shares in Innofactor in the pending redemption proceedings in accordance with the Finnish Companies Act. The listing of the Innofactor shares on the official list of Nasdaq Helsinki ceases today in accordance with a separate release published by Nasdaq Helsinki.
Investor and media enquiries:
Veera Vitie (Innofactor), , 7
Lasse Lautsuo (Innofactor), , 7
Distribution:
NASDAQ Helsinki
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ABOUT INNOFACTOR
Innofactor is the leading promoter of the modern digital organization in the Nordic countries for its approximately 1,000 customers in the commercial and public sectors. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor’s offering includes planning services for business-critical IT solutions, project deliveries, implementation support and maintenance services, as well as own software and services. Innofactor employs nearly 600 experts in Finland, Sweden, Denmark and Norway. Innofactor’s shares are listed on Nasdaq Helsinki with the ticker symbol IFA1V.
