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>

<< Apr 2020 >>
MTWTFSS
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 1 2 3

Seawork 2020

Seawork is Europe’s leading commercial marine and workboat exhibition, providing businesses the opportunity…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

World Future Ports Summit 2020

This event will bring together ports and maritime shipping professionals from global leading companies and authorities to discuss recent digital technologies…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >