Suominen – transfer of the company’s own shares

Following the decision taken at Suominen’s Annual General Meeting on March 25, 2021, Suominen has transferred on May 31, 2021 16042 shares to the members of the Board of Directors as part of the remuneration of the Board. According to the decision taken at the Annual General Meeting, 40 % of the annual remuneration is paid in the company’s shares.

After the transfer, the company holds a total of 644013 treasury shares.

The resolutions of the Annual General Meeting were communicated in a stock exchange release on March 25, 2021.

Suominen manufactures nonwovens as roll goods for wipes and other applications. Our vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens are present in people’s daily life worldwide. Suominen’s net sales in 2020 were EUR 458.9million and we have nearly 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki.