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

Helsinki, Finland, 2014-02-05 16:15 CET (GLOBE NEWSWIRE) -- Suominen Corporation   Stock Exchange Release  5 February 2014 at 17.15 (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:

Ahlstrom Corporation (business identity code 1670043-1)

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 decrease so that the following thresholds will be reached or crossed: 5 %, 10 %, 15 %, 20 % or 25 %.

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

5. Date on which the thresholds 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)	66 666 666	26.89	66 666 666	26.89
Total	66 666 666	26.89	66 666 666	26.89

 

 

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 underwriting to the convertible hybrid bond	max +43 330 000	max +14.88*	max +43 330 000	max +14.88*
2) 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.
3) 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	-66 666 666 – +43 330 000	-26.89 – +14.88	-66 666 666 – +43 330 000	-26.89 –  +14.88

 

 

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)	66 666 666	26.89*	66 666 666	26.89*
Total	66 666 666	26.89*	66 666 666	26.89*
*22.89, if the shares subscribed for based on the convertible hybrid bond are taken into account.

 

 

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	-66 666 666	-26.89	-66 666 666	-26.89

 

 

Total shares in section 7

 

	Shares Number	Shares %	Voting rights Number	Voting rights %
	0 – 66 666 666	0 – 26.89*	0 – 66 666 666	0 – 26.89*
*0 – 22.89, 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 holding of shares and voting rights

 

 

Shares Number	Shares %	Voting rights Number	Voting rights %
See section 7	See section 7	See section 7	See section 7

 

 

10. 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, Suominen Corporation

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