(1) Section 309 (1), (2), (3) and (5) as well section 310 (1), (2) and (3) apply accordingly to the report on the change of legal form.
(2) In the section geared specifically to the holders of shares, at a minimum the following is explained and justified above and beyond the contents set out in section 192 (1):
1. the implications of the cross-border change of legal form for the holders of shares as well as
2. the rights and remedies available to holders of shares under section 340 of the present Act and under section 1 no. 4 of the Act on Valuation Proceedings under Corporate Law.
(3) In the cases governed by section 192 (2), the report for the holders of shares is not required. The report for the employees is not required if the company and its subsidiaries, if any, have no other employees than those who are members of the representative body. No report on the change of legal form will be required overall if the pre-requisites set out in sentences 1 and 2 have been met.