Suominen Corporation Stock Exchange Release 20 March 2015 at 10:30 pm (EET)
NOTIFICATION UNDER CHAPTER 9, SECTION 10 OF THE SECURITIES MARKET ACT
Suominen Corporation (business identity code 1680141-9) has today received notification referred to in Chapter 9, Section 5 of the Securities Market Act from Ilmarinen Mutual Pension Insurance Company (Keskinäinen Eläkevakuutusyhtiö Ilmarinen), business identity code 0107638-1).
According to the notification, Ilmarinen Mutual Pension Insurance Company has on 19 March 2015 divested Suominen shares and consequently crossed the flagging threshold of 10% of all shares and votes in Suominen Corporation.
In its previous notification, Ilmarinen Mutual Pension Insurance Company stated it held 27,111,992 Suominen shares, corresponding to 11.02% of shares and votes in Suominen Corporation. After the transaction made on 19 March 2015, Ilmarinen Mutual Pension Insurance Company holds in total 18,422,103 Suominen shares, corresponding to 7.33% of all shares and votes.
The total number of shares and votes in Suominen Corporation used as calculation basis in the notification is 251,365,648.
Nina Kopola, President & CEO
For further information, please contact:
Nina Kopola, President & CEO, Suominen Corporation, tel +358 10 214 300
Suominen in brief
Suominen manufactures nonwovens as roll goods for wipes as well as for medical and hygiene products. The end products made of Suominen’s nonwovens – wet wipes, feminine care products and swabs, for instance - bring added value to the daily life of consumers worldwide. Suominen is the global market leader in nonwovens for wipes and employs approximately 600 people in Europe and in the Americas. Suominen’s net sales in 2014 amounted to MEUR 401.8 and operating profit excluding non-recurring items to MEUR 26.9 (continuing operations). The Suominen share (SUY1V) is listed in NASDAQ OMX Helsinki Stock Exchange. Read more at www.suominen.fi.
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