Munksjö Oyj: Trading in Munksjö Oyj's shares starts on Monday, 8 December 2014 at Nasdaq Stockholm
Helsinki, Finland, 2014-12-07 20:00 CET (GLOBE NEWSWIRE) --
MUNKSJÖ OYJ, STOCK EXCHANGE RELEASE 7 December 2014 at 8.00 p.m. CET
Munksjö Oyj: Trading in Munksjö Oyj's shares starts on Monday, 8 December 2014
at Nasdaq Stockholm
Trading in Munksjö's shares on Nasdaq Stockholm starts on Monday, 8 December
2014 under the ticker MUNK1S. The purpose of the secondary listing is to
facilitate trading in Munksjö's shares for both current and new shareholders.
"I feel very happy that Munksjö today is back on the stock exchange in
Stockholm. The dialogue with both institutional and private investors in Sweden
has been active and the interest in a secondary listing has been high. The aim
of the secondary listing is to facilitate trading in Munksjö's shares for both
current and new shareholders. We have since the listing on Nasdaq Helsinki
delivered according to our plan to reach our goals and I now look forward to
also show the Swedish shareholders what our smart paper technology is about."
says Munksjö's President and CEO Jan Åström.
The shares of Munksjö have been traded on Nasdaq Helsinki as of 7 June 2013 and
will continue to do so. No new shares are issued in connection with the
secondary listing. The share will be quoted in Swedish krona with the same ISIN
(FI4000048418) as currently on Nasdaq Helsinki.
Munksjö has prepared a summary document pursuant to the Finnish Securities
Market Act (Chapter 4, Section 9), related to the secondary listing. The
summary document is available in Swedish on the investor website at
www.munksjo.com.
Related to the secondary listing, Munksjö Oyj and Skandinaviska Enskilda Banken
AB (SEB) have signed a market making agreement that meets the requirements of
market making operations by NASDAQ Stockholm. According to the agreement, SEB
will provide Munksjö's share with bids and offers so that the maximum
difference between the bid and offer prices is 4 % calculated on the bid
quotation. The bids and offers quoted must be for at least 30,000 SEK worth of
shares. Market making in accordance with the agreement commences on 8 December
2014 and the agreement is valid for an indefinite period with two months'
notice.
Munksjö Oyj
For more information, please contact:
Åsa Fredriksson, SVP HR and Communications, tel. +46 10 250 1003
Laura Lindholm, Investor Relations Manager, tel. +46 10 250 1026
Munksjö - Materials for innovative product design
The Munksjö Group is an international specialty paper company with a unique
product offering for a large number of industrial applications and
consumer-driven products. Founded in 1862, Munksjö is among the leading
producers in the world of high-value added papers within attractive market
segments such as Decor paper, Release Liners, Electrotechnical paper, Abrasive
backings and Interleaving paper for steel. Given Munksjö's global presence and
way of integrating with its customers' operations, the company forms a global
service organisation with approximately 2,900 employees. Production facilities
are located in France, Sweden, Germany, Italy, Brazil, Spain and China. Munksjö
Oyj is listed on Nasdaq Helsinki. Read more at www.munksjo.com.