ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

UPN Uponor Oyj

0.00
0.00 (0.00%)
- - Realtime Data
Share Name Share Symbol Market Type
Uponor Oyj TG:UPN Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

The arbitral tribunal has confirmed GF’s redemption right over the minority shares in Uponor and trading in Uponor’s shares has been suspended

26/04/2024 2:15pm

GlobeNewswire Inc.


Uponor Oyj (TG:UPN)
Historical Stock Chart


From Dec 2023 to Dec 2024

Click Here for more Uponor Oyj Charts.
The arbitral tribunal has confirmed GF’s redemption right over the minority shares in Uponor and trading in Uponor’s shares has been suspended

Uponor Corporation, Stock Exchange Release, April 26, 2024, 4.15 p.m. EET

The arbitral tribunal has confirmed GF’s redemption right over the minority shares in Uponor and trading in Uponor’s shares has been suspended

The arbitral tribunal appointed by the Redemption Committee of the Finland Chamber of Commerce in connection with the redemption proceedings concerning the minority shares in Uponor Corporation (“Uponor”) has in its interim award confirmed that Georg Fischer AG (“GF”) has the right to redeem the minority shares in Uponor and that GF has the right to obtain title to the minority shares by posting a security approved by the arbitral tribunal for the payment of the redemption price and the possible interest accruing thereon.

Uponor announced on March 22, 2024, that Uponor has resolved to apply for the termination of public trading in its shares and for the delisting of its shares from the Official List of Nasdaq Helsinki Ltd (“Nasdaq Helsinki”) so that the delisting would occur as soon as possible upon GF having gained title to all the shares in Uponor in the pending redemption proceedings under Chapter 18 of the Finnish Companies Act. Following the confirmation of the redemption right, Nasdaq Helsinki has suspended the trading in the Uponor shares today April 26, 2024, at 14.57 EET. The posting of the security and the delisting of the Uponor shares will be announced separately.

Additional Information:

Reetta Härkki, Senior Vice President and Chief Legal Officer, Uponorreetta.harkki@uponor.com+358 (0) 20 129 2835

About Uponor

Uponor, a leading global provider of sustainable and innovative flow solutions, was acquired in November 2023 and became a division of Georg Fischer. We help customers in residential and commercial construction be more productive and continuously find new ways to conserve, manage and provide water responsibly in buildings and homes, unlocking its potential to provide comfort, health and efficiency. Our safe drinking and waste water solutions as well as energy-efficient radiant heating and cooling solutions are sold in more than 80 countries. www.uponorgroup.com

1 Year Uponor Oyj Chart

1 Year Uponor Oyj Chart

1 Month Uponor Oyj Chart

1 Month Uponor Oyj Chart