Suominen Oyj - Total number of voting rights and capital

Notification under Chapter 9, Section 10 of the Securities Market Act

Helsinki, Finland, 2015-01-29 20:55 CET (GLOBE NEWSWIRE) -- Suominen
Corporation   Stock Exchange Release  29 January 2015 at 21:55 (EET) 

NOTIFICATION UNDER CHAPTER 9, SECTION 10 OF THE SECURITIES MARKET ACT

Suominen Corporation has on 29 January 2015 received a notification referred to
in Chapter 9, Section 5 of the Securities Market Act: 

1. Name of the issuer of shares:

Suominen Corporation (business identity code 1680141-9)

2. Name of the shareholder subject to the notification obligation:

Mandatum Life Insurance Company Limited (business identity code 0641130-2)

3. Reason for the notification:

Acquisition or disposal of shares or voting rights.

4. Thresholds that are reached or crossed

The ownership decreases so that the threshold of 5 % will be reached or crossed.
The voting rights decreases so that the threshold of 5 % will be reached or
crossed. 

5. Date on which the thresholds were reached or crossed

23 January 2015

6. Holdings of shares and voting rights notified in the previous notification:



Shares and voting rights (type of         Shares  Shares      Voting      Voting
 share or ISIN code                       Number       %      rights      rights
                                                              Number           %
--------------------------------------------------------------------------------
ISIN FI0009010862                     22,322,222    9,1%  22,322,222        9,1%
--------------------------------------------------------------------------------
Total                                 22,322,222    9,1%  22,322,222        9,1%
--------------------------------------------------------------------------------







7. Holdings of shares and voting rights after the triggering transaction:



Shares and voting rights (type of         Shares  Shares      Voting      Voting
 share or ISIN code)                      Number       %      rights      rights
                                                              Number           %
--------------------------------------------------------------------------------
FI0009010862                          12,318,243   4.97%  12,318,243       4.97%
--------------------------------------------------------------------------------
Total                                 12,318,243   4.97%  12,318,243       4.97%
--------------------------------------------------------------------------------







Total in section 7      Shares  Shares  Voting rights  Voting rights
                        Number       %         Number              %
--------------------------------------------------------------------
                    12,318,243   4.97%     12,318,243          4.97%
--------------------------------------------------------------------




8. Total number of shares and voting rights in the issuer as used in the
calculation for the notification: 247,934,122 on the date of the notification. 

9. Direct holding of shares and voting rights



Direct holding in shares and            Shares  Shares       Voting       Voting
 voting rights                          Number       %       rights       rights
                                                             Number            %
--------------------------------------------------------------------------------
                                    12,318,243   4.97%   12,318,243        4.97%
--------------------------------------------------------------------------------




Additional information

With a transaction executed on 23 January 2015 Mandatum Life Insurance Company
Limited (Mandatum) has sold Suominen Corporation's shares based on which
Mandatum's share of Suominen Corporation's existing shares  and votes has
decreased to less than 5 %. After the transaction Mandatum owns 12,318,243
shares and votes in Suominen Corporation (4.97 % of total shares and votes in
Suominen Corporation). 

Mandatum has on 5 February 2014 subscribed convertible hybrid bond notes issued
by Suominen Corporation, which entitles Mandatum to subscribe maximum of
3,714,000 new shares in Suominen during the converting period of 11 February
2014 to 10 February 2018. In case Mandatum uses its subscription right, its
ownership of total shares and votes in Suominen Corporation exceeds again over
the 5 % threshold. Therefore  Mandatum issued separate notification of major
shareholding under Securities Market Act Chapter 9 Section 5.2 regarding its
right to subscribe shares based on the convertible hybrid bond, which is an
arrangement that, if realized, would result in crossing of the 5 % threshold.
This arrangement was not notified on the subscription date of the convertible
hybrid bond because at that time Mandatum owned more than 5 % of the shares in
Suominen Corporation and thus the arrangement would not have at that time led
to crossing of new notification thresholds. 

Suominen Corporation
Nina Kopola, President & CEO

For additional information, please contact:
Nina Kopola, President and CEO, Suominen Corporation, tel. +358 10 214 300

Suominen in brief

Suominen manufactures nonwovens as roll goods for wipes as well as for medical
and hygiene products. The end products made of Suominen's nonwovens - wet
wipes, feminine care products and swabs, for instance - bring added value to
the daily life of consumers worldwide. Suominen is the global market leader in
nonwovens for wipes and employs approximately 600 people in Europe and in the
Americas. Suominen's net sales in 2013 amounted to MEUR 373.7 and operating
profit excluding non-recurring items to MEUR 19.4 (continuing operations). The
Suominen share (SUY1V) is listed in NASDAQ OMX Helsinki Stock Exchange. Read
more at www.suominen.fi. 


Distribution:
NASDAQ OMX Helsinki Ltd.
Main media
www.suominen.fi