Helsinki District Court’s announcement on the issuance of a decision regarding the proposal for Stockmann plc’s restructuring programme
STOCKMANN plc, Other information disclosed according to the rules of the Exchange 15.12.2020 at 16:30 EET
The administrator of Stockmann plc’s restructuring proceedings, Attorney Jyrki Tähtinen, filed a proposal for the restructuring programme for the company with the Helsinki District Court on 14 December 2020.
The parties have opportunity to submit a written statement to the District Court on the restructuring programme by 15 January 2021.
The District Court will make its decision on a possible approval of the programme on 9 February 2021, unless there is a legal impediment or unless the arguments or statements made by the creditors justify postponing of the date.
Further information:
Jukka Naulapää, Chief Legal Officer, tel. +358 9 121 3850
Henna Tuominen, Director, Communications, CSR and IR, tel. +358 50 5705080
STOCKMANN plc
Jari Latvanen
CEO
Distribution:
Nasdaq Helsinki
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