Componenta Corporation's Board member Petteri Walldén suspected of securities markets disclosure offence when acting as Board member of Nokian Tyres plc during 2015-2016

Componenta Corporation Stock Exchange Release 29 October 2020 at 18:55

It has come to the attention of Componenta Corporation that the prosecutor will press charges in suspected securities markets disclosure offence against a total of six persons who acted as Board members and the President & CEO of Nokian Tyres plc during 2015-2016.

In the matter concerning the suspected disclosure offence, charges have been brought against Petteri Walldén, member of Componenta Corporation Board of Directors, who has acted as Board member at Nokian Tyres plc during the aforementioned period.

Nokian Tyres plc has published releases on the information that has come to its attention today, 29 October 2020. Walldén denies his involvement in any criminal activity, and the charges do not have an affect on the work of the Board of Componenta Corporation. Componenta Corporation will not comment on the matter.


Sami Sivuranta
President and CEO

For further information, please contact:

Sami Sivuranta, President and CEO, tel. +358 10 403 2200
Marko Karppinen, CFO, tel. +358 10 403 2101

Componenta is an international technology company with operations located in Finland. With its wide technology portfolio, Componenta produces e.g. cast, machined and unmachined components for its clients who are local and global manufacturers of vehicles, machines and equipment. The company’s share is listed on Nasdaq Helsinki.