Final results of Suominen Corporation’s oversubscribed rights issue
The final results of Suominen Corporation’s (hereinafter the “Company” or “Suominen”) rights issue (the “Offering”) show that a total of 81,504,500 subscriptions for new shares (the “New Shares”) were made in the Offering, corresponding to approximately 105.7 per cent of the 77,121,272 New Shares offered in the Offering, and the Offering was thus oversubscribed. A total of 74,851,760 New Shares were subscribed for with subscription rights, corresponding to approximately 97.1 per cent of the New Shares. In addition, 2,269,512 New Shares were allocated in accordance with the terms and conditions of the Offering in the secondary subscription to subscribers who subscribed for New Shares with subscription rights. The subscription price in the Offering was EUR 0.36 per New Share. Suominen receives gross proceeds of approximately EUR 28 million from the Offering.
Inside information: Preliminary result of Suominen Corporation’s oversubscribed rights issue
Suominen Corporation (“Suominen” or the “Company”) disclosed on 8 June 2026 that the Board of Directors of Suominen has decided to offer its shareholders for subscription a maximum of 77,121,272 new shares (the “New Shares”) primarily in accordance with the shareholders’ pre-emptive subscription rights in proportion to their existing holdings of shares in the Company and secondarily to other shareholders and other persons (the “Offering”). The subscription period for the Offering ended on 29 June 2026 at 4:30 p.m. EEST and according to the preliminary result, Suominen will receive gross proceeds of approximately EUR 28 million from the Offering.
Inside information: The Board of Directors of Suominen Corporation has resolved on a fully underwritten rights issue of approximately EUR 28 million and publishes the terms and conditions of the rights issue
The Board of Directors of Suominen has today, based on the authorisation granted by the extraordinary general meeting held on 8 June 2026, resolved on a rights issue of approximately EUR 28 million, in which it offers for subscription up to 77,121,272 new shares in the Company based on subscription rights granted to existing shareholders in proportion to their existing shareholdings.
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