Finnlines to Delist Shares from Nasdaq Helsinki

Finnish operator of ro-ro and passenger services Finnlines has decided to apply for the termination of trading in the Finnlines shares and for the delisting of the shares from the official list of Nasdaq Helsinki.

The company, which operates in the Baltic Sea and the North Sea, said that a delisting application will be filed with Nasdaq Helsinki today.

Namely, in its application, Finnlines requested that its shares be delisted from the official list of Nasdaq Helsinki “as soon as possible” following the acquisition of the shares in the company by Italian shipping firm Grimaldi Group S.p.A.

In June, the Arbitral Tribunal, appointed by the Redemption Committee of the Finland Chamber of Commerce, confirmed that Grimaldi is entitled to all the shares in Finnlines against the placing of a security approved by the Arbitral Tribunal for the payment of the redemption price.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >