The District Court of Länsi-Uusimaa resolved to reject the petition of Viking Acquisitions Corp. for the payment of a supplementary share under the restructuring programme

Tecnotree Corporation
Stock Exchange Release
8 March 2019 at 20:10 (EET)

The District Court of Länsi-Uusimaa has resolved to reject the petition of Viking Acquisitions Corp. (“Viking”) for the payment of a supplementary share under the restructuring programme of the company. According to Viking’s petition, the company would have had to pay a supplementary share of 1.95 million euro to its creditors, part of which would have been payable to Viking.

Appeal against the decision is still possible.

TECNOTREE CORPORATION

Further information:
Kirsti Parvi, CFO tel. +358 50 517 4569

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About Tecnotree

Tecnotree Corporation (NASDAQ HELSINKI: TEM1V) is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps customers to monetise and transform their business towards a marketplace of digital services. Together with its customers, Tecnotree empowers people to self-serve, engage and take control of their own digital life.

http://www.tecnotree.com

About Us

Tecnotree is a global provider of IT solutions for the management of services, products, customers and revenue for Communications Service Providers. Tecnotree helps customers to monetise and transform their business towards a marketplace of digital services. Together with its customers, Tecnotree empowers people to self-serve, engage and take control of their own digital life. Tecnotree is listed on Nasdaq Helsinki (TEM1V). For more information, please visit www.tecnotree.com.

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