Betolar Plc
Company Release
10.06.2022 13.45
Betolar Plc: District Court of Helsinki has Dismissed the Charges Against the Board Member in a Nokia Tyres Plc Related Matter
Betolar Plc (”Betolar”) has received today information that the District Court of Helsinki has dismissed the charges against Betolar’s Board member Inka Mero, which related to suspected disclosure offence of the members of the Board of Directors of Nokia Tyres Plc and the President & CEO in 2015-2016. The charges related to a stock exchange release given by Nokia Tyres Plc, which was allegedly delayed. Inka Mero acts currently as the Board member of Nokia Tyres Plc.
Betolar is not a party to this matter and the company will not comment on the matter. The court order does not have an effect on the work of Betolar’s Board of Directors.
Betolar Plc
Investor Relations
More information:
Riikka Ylikoski, CFO, Betolar Plc, tel. +358 40 828 2632, riikka.ylikoski@betolar.com
Certified Advisor:
Skandinaviska Enskilda Banken AB (publ) Helsinki Branch, tel. +358 9 6162 8000
About Betolar Plc
Betolar Plc is a Finnish materials technology company that offers the production of sustainable and low-carbon concrete with the Geoprime® solution. The solution converts several previously unused high-volume industrial side streams into a substitute for cement.
Betolar's AI-optimised innovation can significantly reduce CO2 emissions at a competitive cost compared to conventional cement-based concrete manufacturing, leveraging the existing manufacturing processes. Betolar’s mission is to enable the green transformation of various industries globally, especially in the construction, process and energy industries by providing solutions to utilise its unique materials technology.
Betolar was founded in 2016 and is headquartered in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market. https://www.betolar.com/