Finland's FSA Approves WISA Group Demerger Prospectus Supplement as Lasse von Hertzen Named CFO

Corporate ActionManagement
โดย PR Newswire·FI·Read original
Summary · why it matters

Finland's Financial Supervisory Authority approved a supplement to the Finnish-language demerger and listing prospectus for the partial demerger of UPM-Kymmene Corporation and the listing of WISA Group Plc shares on Nasdaq Helsinki. The supplement covers the appointment of Lasse von Hertzen as Senior Vice President, Chief Financial Officer and member of WISA's Group Leadership Team, following his earlier interim CFO role. The demerger is planned to complete on October 31, 2026, with trading in WISA shares on Nasdaq Helsinki expected to begin on November 2, 2026, or as soon as reasonably possible thereafter. WISA's Group Leadership Team will be led by President and CEO Tuija Suur-Hamari, alongside Pia Helminen, Saara-Maria Helminen, Lasse von Hertzen, Kristiina Jaaranen, Susanna Rinne and Juhani Tenhunen, all of whom remain in their current UPM positions until the demerger completes. The supplement and its unofficial English translation are available together with the previously published prospectus at www.upm.fi/jakautuminen and www.upm.com/demerger.

Impact on stocks 2

Energy Transition & Power Demand▲ · 2 stocks
UPM-Kymmene Oyj
0NV5
± MixedCapitalrelevance

FSA approved a prospectus supplement for the partial demerger of UPM-Kymmene and the listing of WISA Group shares, a corporate restructuring event.

Off-coverage companies 1

WISA Group PlcPrivate± Mixed
Capitalrelevance

FSA approved the demerger prospectus supplement and CFO appointment ahead of WISA Group's planned listing on Nasdaq Helsinki.

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