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2025Project Grand Bidco (UK) Limited has gained title to the minority shares in Purmo Group Plc, meaning that Purmo Group shares will be delisted from the official list of Nasdaq Helsinki
Project Grand Bidco (UK) Limited has posted a security, approved by the Arbitral Tribunal, concerning the minority shares in Purmo Group Plc ("Purmo Group"). It has thus gained title to all shares in Purmo Group in accordance with Chapter 18, Section 6 of the Finnish Companies Act.
Upon Purmo Group’s application, Nasdaq Helsinki Ltd had, on December 16, 2024 resolved that shares in Purmo Group would be delisted from its official list after Project Grand Bidco had gained title to all shares. The listing of Purmo Group shares on Nasdaq Helsinki ceases today in accordance with a separate release published by Nasdaq Helsinki.
Project Grand Bidco (UK) Limited has posted a security, approved by the Arbitral Tribunal, concerning the minority shares in Purmo Group Plc ("Purmo Group"). It has thus gained title to all shares in Purmo Group in accordance with Chapter 18, Section 6 of the Finnish Companies Act.
Upon Purmo Group’s application, Nasdaq Helsinki Ltd had, on December 16, 2024 resolved that shares in Purmo Group would be delisted from its official list after Project Grand Bidco had gained title to all shares. The listing of Purmo Group shares on Nasdaq Helsinki ceases today in accordance with a separate release published by Nasdaq Helsinki.