The shareholding of TVF TopCo Limited crosses the 5% flagging threshold
Suominen Corporation Stock Exchange Release 26 April 2018 at 6:15 pm EEST
The shareholding of TVF TopCo Limited crosses the 5% flagging threshold
Suominen Corporation has today received a notification referred to in Chapter 9, Section 5 of the Securities Market Act. According to the notification, the shareholding of TVF TopCo Limited in Suominen Corporation crosses the 5% flagging threshold. TVF TopCo Limited is ultimately owned by the Triton Value Fund (TVF).
1. Identity of the issuer: Suominen Corporation
2. Reason for the notification: An acquisition or disposal of shares or voting rights
3. Details of person subject to the notification obligation and full name of the shareholder:
Name: TVF TopCo Limited
City and country of recidence: Jersey, St. Helier
5. Date on which the threshold was crossed or reached: 26 April 2018
6. Total positions of person subject to the notification obligation:
% of shares and voting rights (total of 7.A) | % of shares and voting rights through financial instruments (total of 7.B) | Total of both in % (7.A + 7.B) | Total number of shares and voting rights of the issuer | |
Resulting situation on the date on which threshold was crossed or reached | 5.68% | n/a | 5.68% | 58,259,219 |
7. Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights | ||||
Class/type of shares | Number of shares and voting rights | % of shares and voting rights | ||
FI0009010862 | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) |
3,307,052 | n/a | 5.68% | n/a |
8. Information in relation to the person subject to the notification obligation:
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly and interest in the (underlying) issuer.
Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
TVF TopCo Limited | 5.68% | n/a | 5.68% |
TVF TopCo Limited is ultimately owned by the Triton Value Fund (TVF). TVF refers to the individual limited partnerships and corporate entities which together constitute the fund as a whole. The only entity comprising TVF that holds shares in Suominen Corporation is TVF TopCo Limited.
Suominen Corporation
Nina Kopola, President & CEO
For further information, please contact: Nina Kopola, President & CEO, 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 more than 650 people in Europe and in the Americas. Suominen’s net sales in 2017 amounted to EUR 426.0 million and operating profit to EUR 15.0 million. The Suominen share (SUY1V) is listed in Nasdaq Helsinki Stock Exchange (Mid Cap). Read more at www.suominen.fi.
Distribution:
Nasdaq Helsinki
Key media
www.suominen.fi