New shares in Suominen Corporation registered with the Trade Register
Tampere, Finland, 2011-10-21 08:48 CEST (GLOBE NEWSWIRE) --
Suominen Corporation Stock exchange release 21 October 2011 at 9:45 a.m.
Not for release, publication or distribution in or into the United States, Australia, Japan or Canada.
New shares in Suominen Corporation registered with the Trade Register
A total of 198,539,108 new shares were subscribed for in Suominen Corporation's ("Suominen") share issue directed to the public (the “Share Issue”) and a share issue directed to the holders of Suominen’s capital loan 2008 (the “Conversion Share Issue”). The subscription period of the Share Issue and the Conversion Share issue ended on 11 October 2011.
All new shares have been registered with the Trade Register on 21 October 2011. Following the registration, the total number of Suominen's shares is 245,934,122 shares. The new shares include the right to dividends and other distributions of assets as well as other shareholder rights as from the registration date of 21 October 2011.
Trading in the new shares alongside the existing shares will commence on 24 October 2011.
Helsinki, 21 October 2011
Suominen Corporation
Board of Directors
For additional information please contact:
Mr. Petri Rolig, President and CEO, tel. +358 (0)10 214 300
Mr. Arto Kiiskinen, Vice President and CFO, tel. +358 (0)10 214 300
Suominen produces high-quality flexible packaging, wet wipes and nonwovens for industry and the retail sector. The Group is one of Europe’s leading manufacturers in all its business areas, with operations in Finland, Poland, the Netherlands, and Russia. The Group had net sales of EUR 173 million in 2010 and it employs around 900 people. Suominen is listed on NASDAQ OMX Helsinki. www.suominen.fi
Disclaimer:
The information contained herein is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States, Australia, Canada, Japan or any other jurisdiction in which the same would be unlawful. The information contained herein does not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the United States Securities Act of 1933, as amended, and the rules and regulations thereunder. There is no intention to register any portion of the offering in the United States or to conduct a public offering of any securities in the United States.
The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.
This communication does not constitute an offer of securities to in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the securities. This release does not cover offering of securities in the United Kingdom
This document is an advertisement for the purposes of applicable measures implementing Directive 2003/71/EC (such Directive, together with any applicable implementing measures in the relevant home Member State under such Directive, the "Prospectus Directive"). A prospectus prepared pursuant to the Prospectus Directive will be published in connection with any offering of securities, and will be available at locations receiving subscriptions for shares.
Any offer of securities to the public that may be deemed to be made pursuant to this communication in any EEA Member State that has implemented the Prospectus Directive is only addressed to qualified investors in that Member State within the meaning of the Prospectus Directive.
Alexander Corporate Finance Oy is acting exclusively for Suominen Corporation and no one else in connection with the Share Issue. It will not regard any other person (whether or not a recipient of this document) as a client in relation to the Share Issue and will not be responsible to anyone other than Suominen Corporation for providing the protections afforded to its clients, nor for giving advice in relation to the Share Issue or any transaction or arrangement referred to herein. No representation or warranty, express or implied, is made by Alexander Corporate Finance Oy as to the accuracy, completeness or verification of the information set forth in this release, and nothing contained in this release is, or shall be relied upon as, a promise or representation in this respect, whether as to the past or the future. Alexander Corporate Finance Oy assumes no responsibility for its accuracy, completeness or verification and, accordingly, disclaims, to the fullest extent permitted by applicable law, any and all liability which it may otherwise be found to have in respect of this release.