We determine the rates and energy and angular distributions of the positronium decays into a photon and a neutrino-antineutrino pair, Ps → γν ν . We find that both positronium spin states have access to this decay channel, contrary to a previously published result. The low-energy tails of the spectra are shown to be sensitive to the binding effects and agree with Low's theorem. Additionally, we find a connection between the behaviour of the soft photon spectrum in both o-Ps → γν ν and o-Ps → 3γ decays, and the Stark effect.