The proposal of the administrator for a restructuring programme
Stock Exchange Release
14 June 2016 at 2.45 p.m. EEST
The District Court of Espoo has on 11.4.2016 by a decision 16/5380 started the processing of the Proposal of the administrator for a restructuring programme of Tecnotree Oyj. The Creditors have had a chance to present objections and written statements regarding the programme.
The District Court of Espoo has on 24.5.2016 reserved a chance for the administrator to modify the programme if needed by 10.6.2016.
The District Court of Espoo has on 10.6.2016 by a decision 16/8951 prolonged the deadline for the filing of the modified restructuring programme until 30.9.2016.
Tuomas Wegelius, CFO
tel. + 358 400 433 228
Tecnotree is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps communications service providers to transform their business towards a marketplace of digital services. Tecnotree empowers service providers to monetise service bundles, provide personalised user experiences and augment value throughout the customer lifecycle. With around 1000 telecom experts, Tecnotree serves around 90 service providers in around 70 countries. Tecnotree is listed on the main list of NASDAQ Helsinki with the trading code TEM1V. For more information on Tecnotree, please visit www.tecnotree.com.