Correction to the English translation of the Notice to the Annual General Meeting of Suominen Corporation
Helsinki, Finland, 2016-03-01 15:00 CET (GLOBE NEWSWIRE) -- Suominen Corporation Stock Exchange Release 1 March 2016 at 16:00 (EET)
CORRECTION TO THE ENGLISH TRANSLATION OF THE NOTICE TO THE ANNUAL GENERAL MEETING OF SUOMINEN CORPORATION
Suominen Corporation published, on 29 January 2016, the Notice to Suominen’s Annual General Meeting to be held on 16 March 2016.
In the English translation of the notice to the Annual General Meeting, which is not the official notice to the General Meeting, there is an error in the Section 18 “Authorizing the Board of Directors to decide on the repurchase of the company's own shares”.
According to the corrected English translation, the authorization of the Board of Directors according to Section 18 item 1 to decide on the repurchase of the company’s own shares concerns the repurchase of maximum 400,000 of company’s own shares. According to earlier published translation the authorization concerned the repurchase of maximum 4,000,000 of company’s owns shares.
Nina Kopola, President & CEO
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 over 600 people in Europe and in the Americas. Suominen’s net sales in 2015 amounted to EUR 444.0 million and operating profit excluding non-recurring items to EUR 31.2 million. The Suominen share (SUY1V) is listed in Nasdaq Helsinki Stock Exchange (Mid Cap). Read more at www.suominen.fi.