Financing of Suominen Corporation’s (Suominen) acquisition of Ahlstrom Corporation’s Home and Personal business area requires a share issue. Relating to the share issue, the Board of Directors of Suominen has, in addition to the prior commitments totaling EUR 80,265,000, received written commitments to subscribe for new shares in Suominen’s forthcoming share issue from the following current shareholders and investors: Pharmacy Pension Fund; Mr Harald Relander; Foundation for Economic Education; Onninen-sijoitus Oy; Sitra, the Finnish Innovation Fund; Finnish Cultural Foundation; and AC Invest Two B.V. The new subscription commitments together with earlier published commitments total EUR 86,165,000, i.e. the minimum amount of the share issue that has been agreed on in connection with the acquisition, EUR 85,000,000 or 188,888,889 shares, has been exceeded.
Further information on the forthcoming share issue will be released around 3 October 2011.
Suominen has previously published a stock exchange release concerning the acquisition and the prior subscription commitments on 4 August 2011.