The new number of the Innofactor Plc registered in the Trade Register
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07.05.2011 00:00
Innofactor Plc Stock Exchange Release May 7, 2011, at 12:30 Finnish time
The new number of the shares 29,261,800 of Innofactor Plc has been registered in the Trade Register on May 7, 2011.
The General Meeting accepted the Board of Directors' proposal to decrease the company's number of shares without lowering the share capital by consolidating twenty (20) old shares to one (1) new share in the intention decreed in the Chapter 15, Section 9 of the Finnish Companies act and by complying with the procedures of the provision. The purpose of the share consolidation is to improve the reliability of share price formation.
Trading with the consolidated shares continues in normal manner in the NASDAQ OMX Helsinki on Monday, May 9, 2011.
Espoo, May 7, 2011
INNOFACTOR PLC
Sami Ensio
CEO
Additional information:
Sami Ensio
CEO
Innofactor Plc
Tel. +358 50 584 2029
sami.ensio@innofactor.com
Distribution:
NASDAQ OMX Helsinki
Main media
www.innofactor.com