Suominen Corporation: Conveyance of own shares
Tampere, 2011-05-02 12:00 CEST (GLOBE NEWSWIRE) --
SUOMINEN CORPORATION STOCK EXCHANGE RELEASE 2 MAY 2011 AT 1 P.M.
Suominen Corporation: Conveyance of own shares
In accordance with the authorisation granted to the Board of Directors, own shares were conveyed to the members of Suominen Corporation's Board of Directors as emoluments as follows:
Date: 2 May 2011
Trade: Other conveyance
Share: SUY1V
Number of shares: 108,507 shares
Price/share: EUR 0.47
Total: EUR 50,998.29
After the conveyance Suominen Corporation holds a total of 60,298 of its own shares.
Tampere, 2 May 2011
SUOMINEN CORPORATION
Petri Rolig
President and CEO
For additional information, please contact
Mr. Petri Rolig, President and CEO, tel. +358 (0)10 214 300
Mr. Arto Kiiskinen, Vice President and CFO, tel. +358 (0)10 214 300
Suominen produces high-quality flexible packaging, wet wipes and nonwovens for industry and the retail sector. The Group is one of the Europe’s leading manufacturers in all its business areas with operations in Finland, Poland, the Netherlands, Sweden and Russia. The Group had net sales of EUR 173 million in 2010 and it employs around 900 people. Suominen is listed on NASDAQ OMX Helsinki. www.suominen.fi
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