THE FRENCH COURT ORDERED ASPOCOMP TO PAY COMPENSATION TO FORMER EMPLOYEES OF ASPOCOMP S.A.S.

Published:
2011-11-21 08:00:00 CET
Aspocomp Group Plc
Company Announcement

THE FRENCH COURT ORDERED ASPOCOMP TO PAY COMPENSATION TO FORMER EMPLOYEES OF ASPOCOMP S.A.S.

Espoo, Finland, 2011-11-21 08:00 CET (GLOBE NEWSWIRE) —

Aspocomp Group Plc., Company Announcement, November 21, 2011 at 9:00 a.m.
 
The Evreux Employment Tribunal ruled that Aspocomp Group Plc has to pay to seven former employees of its French Subsidiary, Aspocomp S.A.S., approximately EUR 127 000 including the interest. Aspocomp Group Plc has not yet been formally notified of the decision.

The court ruling will not have an effect on the financial results of 2011, because Aspocomp has earlier made a sufficient provision.

Aspocomp considers if it would take further legal actions.

For further information, please contact Sami Holopainen, CEO,
tel.
+358 9 59 181, sami.holopainen(at)aspocomp.com.

ASPOCOMP GROUP PLC.

Sami Holopainen
President and CEO

www.aspocomp.com

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