Helsinki, Finland, 2013-05-27 07:30 CEST (GLOBE NEWSWIRE) --
Munksjö Oyj, STOCK EXCHANGE RELEASE 27 May, 2013 at 7.30 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 demerger of Ahlstrom's Label and Processing business in Europe, Munksjö
Oyj's new shares and the increase of its share capital have today been
registered with the Finnish Trade Register.
The new combined company will become one of the world's largest specialty paper
companies with strong market positions in attractive market segments. Munksjö's
unique product offering will offer and serve its global customers with a
focused range of high-value-added specialty papers to selected industry sectors
and consumer-driven products. The 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
"The clear strategic fit between the merging businesses, both with specialty
paper as their core business, will serve as a platform for continued growth. It
will lead to strengthened competitiveness and efficiency and bring added growth
opportunities to the company, organically as well as strategically", says Jan
Åström, President and CEO of Munksjö Oyj.
A total of 11 597 326 new shares in Munksjö Oyj were issued as demerger
consideration to Ahlstrom's shareholders in the demerger. Following the
registration of the increase of the share capital and the new shares issued in
connection with the demerger and the other share issues announced on 24 May
2013, the share capital of Munksjö Oyj amounts to EUR 15,000,000 and the total
number of shares to 38 769 590.
The new shares are expected to be registered on the book-entry accounts of the
shareholders during the course of today. As announced, the trading with
Munksjö's shares is expected to commence on or about 7 June 2013.
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
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
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
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.