Suominen Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act
March 08 2022 - 4:00AM
Suominen Corporation: Notification of change in holdings according
to chapter 9, section 10 of the Securities Market Act
Suominen Corporation, stock exchange
release on Mach
8, 2022
at 11:00 a.m. (EET)
Suominen Corporation has
received a notification
on March
7,
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 10% flagging
threshold. At the same time the
total holding of Erkki
Etola and companies
controlled by him
in Suominen Corporation has crossed the
20% 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 |
22.06% |
|
22.06% |
58,259,219 |
Position of previous notification (if applicable) |
19.91% |
|
19.91% |
|
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 |
|
12,850,000 |
|
22.06% |
TOTAL |
|
12,850,000 |
|
22.06% |
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 |
10.04% |
|
5.850.000 |
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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