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Notification under Chapter 9, section 10 of the Securities Market Act

Suominen Corporation   Stock Exchange Release  5 February 2014 at 17.55 (EET)

NOTIFICATION UNDER CHAPTER 9, SECTION 10 OF THE SECURITIES MARKET ACT

Suominen Corporation has today received a notification referred to in Chapter 9, Section 5 of the Securities Market Act:

1. Name of the issuer of shares:

Suominen Corporation (business identity code 1680141-9)

2. Name of the shareholder subject to the notification obligation:

Ahlström Capital Oy (business identity code 1670034-3)
AC Invest Two B.V. (registration code 51490943)

3. Reason for the notification:

Agreement or other arrangement that, if realized, would result in the acquisition or disposal of shares or voting rights.

4. Thresholds that are reached or crossed

The ownership may increase so that the following thresholds will be reached or crossed: 5 %, 10 %, 15 %, 20 % or 25 %.

The voting rights may increase so that the following thresholds will be reached or crossed: 5 %, 10 %, 15 %, 20 % or 25 %.

5. Date on which the threshold(s) is/are reached or crossed:

5 February 2014

6. Holdings of shares and voting rights notified in the previous notification:

Shares and voting rights (type of share or ISIN code

Shares Number

Shares %

Voting rights Number

Voting rights %

SUY1V (ISIN FI0009010862)

1,057,510

0.43

1,057,510

0.43

Total

1,057,510

0.43

1,057,510

0.43

 

Agreement or arrangement that, if realized, would result in the acquisition or disposal of shares or voting rights

 

Shares, Number (+/-)

Shares % (+/-)

Voting rights, Number (+/-)

Voting rights, % (+/-)

1) Ahlstrom Corporation’s option to sell the convertible hybrid bond

max +43 330 000

max +14,88*

max +43 330 000

max +14,88*

*the shares subscribed for based on the convertible hybrid bond are taken into account here.

2) AC Invest Two B.V.’s option to acquire

max +66 666 666

max +26,89*

max +66 666 666

max +26,89*

*+22,89, if the shares subscribed for based on the convertible hybrid bond are taken into account.

Total

max +109 996 666

max +37,77*

max +109 996 666

max +37,77*

*the shares subscribed for based on the convertible hybrid bond are taken into account here.

 

7. Holdings of shares and voting rights after the triggering transaction:

Shares and voting rights (type of share or ISIN code)

Shares Number

Shares %

Voting rights Number

Voting rights %

SUY1V (ISIN FI0009010862)

1,057,510

0.43

1,057,510

0.43

Total

1,057,510

0.43

1,057,510

0.43

 

Agreement or arrangement that, if realized, would result in the acquisition or disposal of shares or voting rights

 

Shares, Number (+/-)

Shares % (+/-)

Voting rights, Number (+/-)

Voting rights, % (+/-)

AC Invest Two B.V.’s option to acquire

max +66,666,666

max +26.89*

max +66,666,666

max +26.89*

*+22,89, if the shares subscribed for based on the convertible hybrid bond are taken into account.

Total

max +66,666,666

max +26.89*

max +66,666,666

max +26.89*

*+22,89, if the shares subscribed for based on the convertible hybrid bond are taken into account.

 

Total shares in section 7

 

Shares Number

Shares %

Voting rights Number

Voting rights %

 

1 057 510 - 67 724 176

0,43-27,32*

1 057 510 - 67 724 176

0,43-27,32*

*0,36-23,25, if the shares subscribed for based on the convertible hybrid bond are taken into account.

 

8. Total number of shares and voting rights in the issuer as used in the calculation for the notification:

Total number of shares in the issuer

Total number of voting rights in the issuer

247 934 122

247 934 122

 

9. Direct holdings of shares and voting rights:

 

Shares Number

Shares %

Voting rights Number

Voting rights %

 

-

-

-

-

10. Indirect holdings of shares and voting rights: Name of the shareholder and reason for indirect holding (e.g., controlled undertaking or transfer of voting rights)

 

Shares Number

Shares %

Voting rights Number

Voting rights %

AC Invest Two B.V.

See section 7

See section 7

See section 7

See section 7

Total

See section 7

See section 7

See section 7

See section 7

 

11. Chain of controlled undertakings:

AC Invest Two B.V. is a fully owned subsidiary of Ahlström Capital B.V. and Ahlström Capital B.V. is a fully owned subsidiary of Ahlström Capital Oy.

12. Additional information on agreements and other arrangements

Type of agreement or other arrangement

Duration of agreement or other arrangement

Intended date for exercising agreement or other arrangement

AC Invest Two B.V.’s option to acquire

10 months

-

 Suominen Corporation
Nina Kopola, President & CEO

For additional information, please contact:
Nina Kopola, President & CEO, Suominen Corporation, tel. +358 10 214 300

Suominen in brief

Suominen supplies its industrial and retail customers with nonwovens and flexible packaging for use in consumer products worldwide. Suominen is the global market leader in nonwovens for wipes. The company employs more than 1,000 people in Europe and in the United States. Suominen’s net sales in 2013 amounted to MEUR 433.1 and operating profit excluding non-recurring items was MEUR 18.3 (continuing operations). The Suominen share (SUY1V) is listed in NASDAQ OMX Helsinki Stock Exchange. Read more at www.suominen.fi.

Distribution:
NASDAQ OMX Helsinki Ltd.
Main media
www.suominen.fi