The consideration of charges relating to Talvivaara's disclosure practices has been completed
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
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