The consideration of charges relating to Talvivaara's disclosure practices has been completed
16 May 2016 - 9:54PM
Stock Exchange
Release
Talvivaara Mining Company Plc
16 May 2016
The consideration
of charges relating to Talvivaara's disclosure practices has been
completed
Talvivaara Mining Company Plc
("Talvivaara" or "Company") has been informed that the
consideration of charges, which related to Talvivaara's disclosure
practices during 2011 - 2013 has been completed. The prosecutor has
decided to bring charges for security markets information offence
against CEO Pekka Perä, former CEO Harri Natunen and former CFO and
Deputy CEO Saila Miettinen-Lähde. The prosecutor also requests a
corporate fine of 500 000 euros to be imposed on Talvivaara.
The Company has previously stated
that, in its view, no crime has been committed. The Company has
already in the past gone through the applied disclosure practices
extensively and in great detail with the Financial Supervisory
Authority and sees no grounds for any charges being brought.
Enquiries
Talvivaara Mining
Company Plc. Tel. +358 20 7129 800
Pekka Erkinheimo, Deputy CEO
Consideration of charges relating
to Talvivaara's disclosure practices
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Talvivaaran Kaivososakeyhtiö Oyj via
Globenewswire
HUG#2012945
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