The Finnish Financial Supervisory Authority has today approved the Finnish language version of the summary and securities note related to the share issue of Munksjö Oyj in connection with the demerger of Ahlstrom Corporation's Label and Processing business in Brazil (Coated Specialties). The summary and securities note together with the registration document published on November 16, 2012 forms Munksjö Oyj's prospectus for the share issue.
The demerger is the second part of the process through which Ahlstrom's Label and Processing business and Munksjö AB will be combined. According to the demerger plan, all assets and liabilities that belong to Coated Specialties will be transferred to Munksjö Oyj through a partial demerger of Ahlstrom Corporation. Munksjö Oyj's and Ahlstrom Corporation's Board of Directors signed a new demerger plan on May 13, 2013 related to Coated Specialties and cancelled the previous demerger plan. The previous demerger plan was cancelled as not all the relevant regulatory approvals were received before the expiration of the decision made by Ahlstrom's Extraordinary General Meeting on November 27, 2012.
Ahlstrom Corporation has summoned an Extraordinary General Meeting on July 4, 2013 to approve the demerger of Coated Specialties and the completion of the demerger is expected to take place by the end of 2013.