Suominen Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act
February 25 2022 - 8:00AM
Suominen Corporation: Notification of change in
holdings according to chapter 9, section 10 of the Securities
Market Act
Suominen Corporation's stock exchange release on February 25,
2022 at 3:00 p.m.
Suominen Corporation has received a notification on February 25,
2022 referred to Chapter 9, Section 5 and 6 of the Securities
Market Act. According to the notification, the shareholding of
Etola Group Oy, controlled by Mr. Erkki Etola, in Suominen
Corporation has crossed the 5% flagging threshold. The total
holding of Erkki Etola and companies controlled by him in Suominen
Corporation does not cross flagging threshold.Total positions of
person subject to the notification obligation:
|
% of shares and voting rights (total of 7.A) |
% of shares and voting rights through financial instruments (total
of 7.B) |
Total of both in % (7.A + 7.B) |
Total number of shares and voting rights of the issuer |
Resulting situation on the date on which threshold was crossed or
reached |
19.91% |
|
19.91% |
58,259,219 |
Position of previous notification (if applicable) |
15.34% |
|
15.34% |
|
Notified details of the resulting situation on the date on which
the threshold was crossed or reached:
A: Shares and voting rights |
Class/type of
shares |
Number of shares and voting rights |
% of shares and voting rights |
|
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
FI0009010862 |
|
11,600,000 |
|
19.91% |
TOTAL |
|
11,600,000 |
|
19.91% |
Full chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held
starting with the ultimate controlling natural person or legal
entity.
Name |
% of shares and voting rights |
% of shares and voting rights through financial instruments |
Total of both |
Erkki Etola |
|
|
|
Oy Etra Invest Ab |
12.02% |
|
7,000,000 |
Etola Group Oy |
7.90% |
|
4,600,000 |
Etola Group Oy is a company controlled by Erkki Etola through
direct ownership.Oy Etra Invest is a company controlled by Erkki
Etola through indirect ownership.
SUOMINEN CORPORATION For further information, please contact:
Emilia Peltola, VP, Communications & IR, tel
+358 50 540 9747Suominen manufactures nonwovens as roll
goods for wipes and other applications. Our vision is to be the
frontrunner for nonwovens innovation and sustainability. The end
products made of Suominen’s nonwovens are present in people’s daily
life worldwide. Suominen’s net sales in 2021 were EUR 443.2 million
and we have over 700 professionals working in Europe and in the
Americas. Suominen’s shares are listed on Nasdaq Helsinki. Read
more at www.suominen.fi.
Distribution:Nasdaq HelsinkiKey mediawww.suominen.fi
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