VALOE OYJ [CHIX] overview

Valoe Corporation Stock Exchange Release 19 April 2024 at 14.05 Finnish time The deadline for Valoe’s restructuring programme extended until 14.6.2024. Valoe has secured financing for the duration of the proceedings and continues to negotiate longer-term financing. Valoe Corporation's ("the Company") restructuring proceedings commenced on 22 January 2024 by the decision of the District Court of North Savo. In accordance with the request of the administrator Pekka Jaatinen, the District Court...

Valoe Corporation Financial Statement Release 27 March 2024 at 15.45 Finnish time THE FOURTH QUARTER IN BRIEF – RESTRUCTURING PROCEEDINGS COMMENCED During the fourth quarter of 2023, the net sales of Valoe Group, under the IFRS standards, was about EUR 0.01 million (in 2022: EUR 0.4 million). The EBITDA was EUR -0.8 million (EUR -1.2 million) and the EBIT EUR -1.1 million (EUR -1.7 million). The profit for the period was EUR -1.4 million (EUR -2.3 million). In the fourth quarter, the company's...

Valoe Corporation Stock Exchange Release 23 February 2024 at 8.30 Finnish time Valoe Corporation’s (”Company”) administrator, Mr Pekka Jaatinen, Attorney, (”Administrator”) has submitted his preliminary report in accordance with the Restructuring of Enterprises Act ("Preliminary Report"). The Administrator’s preliminary report concludes that the Company’s business has potential that can be rehabilitated through the restructuring proceedings. The Administrator is of the opinion that...

Valoe Corporation Stock Exchange Release 8 February 2024 at 15.35 (Finnish time) In 2024, Valoe Corporation will publish a financial statements release, an annual report, a half-year financial report and two business reviews as follows: Financial statements release 2023 on Wednesday 27 March 2024 Business review for January-March 2024 on Wednesday 29 May 2024 Half year report for January-June 2024 on Thursday 29 August 2024 Business review for January-September 2024 on Thursday 14 November 2024...

Valoe Corporation Stock Exchange Release 30 January 2024 at 18.05 (Finnish time) Valoe Corporation has successfully completed the change negotiations the company disclosed on 18 January 2024. Valoe commenced change negotiations with its employees to adjust its operations and human resources based on financial and production reasons. In accordance with the outcome of the negotiations, Valoe will temporarily lay off part of its staff. The layoffs will be mainly for fixed-term and implemented in a...

Valoe Corporation Inside Information 22 January 2024 at 15.32 (Finnish time) Valoe Corporation filed an application for restructuring on 5 December 2023 with the District Court of Pohjois-Savo, Finland, and amended the application on 10 January 2024. Today, on 22 January 2024, the District Court has decided on the commencement of the restructuring proceedings of Valoe Corporation. The District Court of Pohjois-Savo has appointed Pekka Jaatinen, Senior Advisor, from Castrén & Snellman Attorneys...

Valoe Corporation Inside Information 18 January 2024 at 15.15 (Finnish time) As disclosed on 5 December 2023, Valoe Corporation (“Company”) filed an application for restructuring proceedings. In order to adjust its operations based on financial and production reasons, the Company commences change negotiations on possible part-time employment and/or temporary layoffs of the Company's personnel. Despite its challenging situation, Valoe has received strong support for its business from the...

Valoe Corporation Stock Exchange Release 21 December 2023 at 11.30 (Finnish time) The Board of Directors of Valoe Corporation (“Company”) has resolved to extend the subscription period of the Convertible Bond 1/2023 disclosed on 14 July 2023 until 31 July 2024 at 6.00 pm. In addition, the Board of Directors has decided to reduce the subscription price of the Convertible Bond 1/2023 to €0.74 per share. The new subscription price corresponds to the Company's share price on 5 December 2023...