Trading in Munksjö Oyj’s shares starts today at the Helsinki Stock Exchange
MUNKSJÖ OYJ, STOCK EXCHANGE RELEASE 7 June, 2013 at 9.15 am CET
NOT TO BE DISTRIBUTED IN OR INTO AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES.
The trading in Munksjö’s shares has today commenced on the Helsinki Stock Exchange (NASDAQ OMX Helsinki Ltd).
The stock listing is a part of the business combination agreement which was entered into in August 2012 with the purpose to, through two partial demergers, combine Munksjö AB’s business with Ahlstrom Corporation’s Label and Processing businesses in Europe and Brazil into Munksjö Oyj. The first phase of the transaction was completed on 27 May, 2013 and the completion of the second phase is expected to take place by the end of 2013.
Munksjö will, after the completion of the second phase of the transaction, have approximately 3,000 employees and 15 production facilities in Europe, China and Brazil. Munksjö has four business areas: Decor, Release Liners (previously named Release & Label), Graphics and Packaging and Industrial Applications. The profiles of the members of the management team as well as the Board of Directors are available at www.munksjo.com.
"Munksjö’s specialty papers will be manufactured and designed in close cooperation with our customers to meet their specific requirements concerning quality and functionality. The businesses are well positioned to secure long-term competitiveness and have the capability to manage the high product variety in the specialty paper business.
The business combination is a natural step in our strategy to focus on growth within specialty papers. The new Munksjö is one of the world’s largest specialty paper companies with strong market positions in attractive market segments. Our customer relationships, deep knowledge of customer needs and high technical expertise in production and product development will contribute to the sustainability of these strong market positions. I look forward to working with my new engaged and experienced management team and the result-focused and international organisation.”, says Munksjö’s President and CEO Jan Åström.
Munksjö’s shareholders as per 31 May, 2013 with holdings of 5 per cent or more are listed in the table below*). Further information on Munksjö’s largest shareholders is available at www.munksjo.com.
| Name | Amount of shares and votes | Share of all shares and votes | ||
| Munksjö Luxembourg Holding S.à r.l. **) | 12 456 690 | 32.1% | ||
| Ahlstrom Corporation | 9 081 220 | 23.4% | ||
| Ilmarinen Mutual Pension Insurance Company | 2 252 238 | 5.8% | ||
| *) The table has been compiled by the company based upon shareholder information from the share register maintained by Euroclear Finland Oy and from individual shareholders as per 31 May, 2013. **) The parent company of Munksjö Luxembourg Holding S.à r.l. is EQT’s fund EQT III. | ||||
Complete pro forma financials for the company have been published in the listing prospectus published on 20 May, 2013, available on Munksjö's website.
Munksjö Oyj
For more information:
Jan Åström, President and CEO, tel. +46 10 250 1001
Åsa Fredriksson, SVP HR and Communications, tel. +46 10 250 1003
Laura Lindholm, Investor Relations Manager, tel. +46 10 250 1026
Disclaimer
This document may not be distributed in or into Australia, Canada, the Hong Kong special administrative region of the People’s Republic of China, Japan, New Zealand, South Africa or the United States. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy 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 document is not an offer for sale of securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Ahlstrom Corporation, Munksjö AB and Munksjö Oyj have not registered, and do not intend to register, any offering of the Munksjö shares in the United States. There will be no public offering of the Munksjö shares in the United States.
This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order or (iv) persons who are members or creditors of the company to which this communication relates, falling within article 43(2) of the Order (all such persons in (i), (ii) (iii) and (iv) above together being referred to as “relevant persons”). Any investment activity to which this document relates will be only available to and will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.