Business
Inside information: Suominen is planning to accelerate its Full Potential Program execution through a fully underwritten rights issue of up to EUR 28 million
Suominen Corporation, inside information, May 18, 2026 at 4:00 p.m. (EEST) NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, NEW ZEALAND, JAPAN, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Suominen Corporation (hereinafter the “Company” or “Suominen”) is planning a share issue, based on the pre-emptive
About this update from Suominen Oyj
[{"type":"image","alt":"Suominen Corporation","displaySize":"","headline":null,"caption":"Suominen Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":46,"url":"https://media.zenfs.com/en/globenewswire.com/296a7eef9dbbfea81511af76cbad82f5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/va2IE0oU4mWZYbR__v9gAg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTY0/https://media.zenfs.com/en/globenewswire.com/296a7eef9dbbfea81511af76cbad82f5","width":300,"height":46},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/va2IE0oU4mWZYbR__v9gAg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTY0/https://media.zenfs.com/en/globenewswire.com/296a7eef9dbbfea81511af76cbad82f5","width":300,"height":46}},"lazy":false},{"type":"text","content":"Suominen Corporation, inside information, May 18, 2026 at 4:00 p.m. (EEST) ","length":74,"tagName":"p"},{"type":"text","content":"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, NEW ZEALAND, JAPAN, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.","length":310,"tagName":"p"},{"type":"text","content":"Suominen Corporation (hereinafter the “Company” or “Suominen”) is planning a share issue, based on the pre-emptive right of the shareholders, to raise gross proceeds of up to approximately EUR 28 million (the “Offering” or the “Rights Issue”). The objective of the Offering is to secure funding for the execution of profitability-enhancing improvements as part of the Company’s strategic Full Potential Program (as defined below) and to strengthen the Company’s capital structure.","length":485,"tagName":"p"},{"type":"text","content":"The Board of Directors (“BoD”) of Suominen is planning today to give notice of an extraordinary general meeting (“EGM”) to authorise the share issuance and is planning to launch the Offering during the second quarter of 2026, subject to, among other things, receiving necessary authorisations in the EGM and market conditions.","length":326,"tagName":"p"},{"type":"text","content":"The Company’s main shareholders, including Ahlstrom Capital B.V., separately, and Etola Group Oy and Oy Etra Invest Ab, acting jointly, have each issued an undertaking to the company to vote in favour of the ...