Suominen Oyj - Changes in company's own shares

Suominen’s directed share issue without consideration for the reward payment from Share-Based Incentive Plan 2012–2014

Helsinki, Finland, 2015-03-17 11:00 CET (GLOBE NEWSWIRE) -- Suominen
Corporation   Stock Exchange Release  17 March 2015  at 12:00 EET 

SUOMINEN'S DIRECTED SHARE ISSUE WITHOUT CONSIDERATION FOR THE REWARD PAYMENT
FROM SHARE-BASED INCENTIVE PLAN 2012-2014 

The Board of Directors of Suominen Corporation has on 17 March 2015 resolved on
a directed share issue without consideration for the reward payment from
Suominen Share-Based Incentive Plan 2012-2014. 

In the share issue in total 802,644 Suominen's own shares will be transferred
without consideration to the key persons participating in the Share-Based
Incentive Plan 2012-2014 according to the terms and conditions of the plan. 

The Board of Directors of Suominen resolved of the Share-Based Incentive Plan
2012-2014 in February 2012. The aim of the Plan was to combine the objectives
of the shareholders and the key employees in order to increase the value of the
Company, to commit the key employees to the Company, and to offer them a
competitive reward plan based on long-term shareholding in the Company. 

A total of seven (7) people are in the target group of the payment from the
plan. 

The resolution on the directed share issue without consideration is based on
the authorization granted to the Board of Directors by the General Meeting of
Shareholders held on 26 March 2014. 

The shares will be transferred on 20 March 2015. The number of treasury shares
after the transfer is 1,000,875. 

Suominen Corporation
Nina Kopola, President & CEO

For further information, please contact Nina Kopola, President & CEO, tel. +358
10 214 300 

Distribution:

NASDAQ OMX Helsinki Ltd
Key media
www.suominen.fi

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 2014 amounted to MEUR 401.8 and operating
profit excluding non-recurring items to MEUR 26.9 (continuing operations). The
Suominen share (SUY1V) is listed in NASDAQ OMX Helsinki Stock Exchange. Read
more at www.suominen.fi.