Enedo applies for the delisting of its shares from Nasdaq Helsinki
March 08 2023 - 7:15AM
Enedo applies for the delisting of its shares from Nasdaq Helsinki
Enedo Plc, Stock Exchange Release, 8 March 2023
at 14:15 EET
Enedo applies for the delisting of its
shares from Nasdaq Helsinki
The Board of Directors of Enedo Plc (“Enedo”)
has resolved to apply for the termination of public trading in the
shares of Enedo and for the delisting of its shares from the
official list of Nasdaq Helsinki Ltd (“Nasdaq Helsinki”).
Inission AB (“Inission”) owns more than nine
tenths (9/10) of all the shares and votes in Enedo and has
initiated redemption proceedings in accordance with Chapter 18 of
the Finnish Limited Liability Companies Act in order to redeem the
remaining Enedo shares held by the minority shareholders.
The Board of Directors of Enedo has resolved to
submit an application to Nasdaq Helsinki for the termination of
public trading and for the delisting of the Enedo shares. It is
requested in the application that the delisting in respect of the
Enedo shares admitted to trading on the official list of Nasdaq
Helsinki would become effective as soon as possible upon Inission
having gained title to all the shares in Enedo in the pending
redemption proceedings under Chapter 18 of the Finnish Limited
Liability Companies Act.
For more information, please
contact:
Mikael Fryklund
President and CEO
Tel. 040 500 6864.
Enedo
Enedo is a European designer and producer of
high-quality electronic power supplies and systems for critical
equipment even in the most demanding environments. Enedo’s mission
is to make electricity better – more reliable, more secure, more
energy efficient – and just right to fit its purpose. Enedo’s three
main product categories are Led Drivers, Power supplies and Power
Systems. In 2022 the group´s revenue was EUR 46,8 million. Enedo
has 357 employees, and its main functions are located in Finland,
Italy, Tunisia and USA. The group´s head office is in Finland and
parent company Enedo Oyj is listed on Nasdaq Helsinki Ltd. Enedo
belongs to Inission Group since July 1st 2022.
www.enedopower.com
Enedo (LSE:0E96)
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