Ahlstrom-Munksjö Applies for the Delisting of Its Shares from Nasdaq Helsinki and Nasdaq Stockholm
AHLSTROM-MUNKSJÖ OYJ STOCK EXCHANGE RELEASE March 26, 2021 at 15:30 EET
The Board of Directors of Ahlstrom-Munksjö Oyj has today resolved to apply for the termination of public trading in the shares of Ahlstrom-Munksjö and for the delisting of its shares from the official list of Nasdaq Helsinki Ltd and from the main market of Nasdaq Stockholm AB.
Spa Holdings 3 Oy holds more than 90 per cent of all the shares and voting rights carried by the shares in Ahlstrom-Munksjö, and has on February 17, 2021 commenced redemption proceedings in respect of Ahlstrom-Munksjö minority shares by initiating arbitration proceedings in accordance with Chapter 18, Section 3 of the Finnish Companies Act in order to obtain ownership of all the issued and outstanding shares in Ahlstrom-Munksjö.
The Board of Directors has resolved to submit applications to Nasdaq Helsinki and to Nasdaq Stockholm for the termination of public trading and for the delisting of the Ahlstrom-Munksjö shares. In the applications, it will be requested that the delisting (i) in respect of the Ahlstrom-Munksjö shares admitted to trading on the main market of Nasdaq Stockholm would become effective on or about May 31, 2021, and (ii) in respect of the Ahlstrom-Munksjö shares admitted to trading on the official list of Nasdaq Helsinki would become effective as soon as possible upon Spa Holdings 3 having gained title to all the shares in Ahlstrom-Munksjö in the pending redemption proceedings under Chapter 18 of the Finnish Companies Act.
Johan Lindh, Vice President, Communications and Investor Relations, +358 10 888 4994, email@example.com
Juho Erkheikki, Investor Relations Manager, +358 10 888 4731, firstname.lastname@example.org
Ahlstrom-Munksjö in brief
Ahlstrom-Munksjö is a global leader in fiber-based materials, supplying innovative and sustainable solutions to its customers. Our mission is to expand the role of fiber-based solutions for sustainable everyday life. Our offering includes filter materials, release liners, food and beverage processing materials, decor papers, abrasive and tape backings, electrotechnical paper, glass fiber materials, medical fiber materials, diagnostics and energy storage solutions, as well as a range of specialty papers for industrial and consumer end-uses. Our annual net sales is about EUR 2.7 billion and we employ some 7,800 people. Read more at www.ahlstrom-munksjo.com