Finnish regulator approves supplement to WISA Group demerger prospectus

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

The Finnish Financial Supervisory Authority has approved a supplement to WISA Group Plc's demerger and listing prospectus. The supplement covers WISA's unaudited carve-out financial information and unaudited pro forma financial information as at and for the six months ended June 30, 2026, WISA's guidance, and certain technical amendments. UPM-Kymmene Corporation will publish the supplement on behalf of WISA, and it will be available from August 17, 2026 at www.upm.fi/jakautuminen and www.upm.com/demerger. The partial demerger will transfer all assets and liabilities of UPM relating to the UPM Plywood business area to WISA, with the Extraordinary General Meeting to approve the demerger plan on August 31, 2026. The planned completion date of the demerger is October 31, 2026, and trading in WISA shares on Nasdaq Helsinki is expected to begin on November 2, 2026.

Impact on stocks 2

Energy Transition & Power Demand · 1 stocks
UPM-Kymmene Oyj
0NV5
± MixedCapitalrelevance

UPM is executing the demerger of its Plywood business to WISA, a corporate action that will reshape its portfolio.

Real Estate · 1 stocks

Off-coverage companies 1

WISA Group PlcPrivate▲ Positive
Capitalrelevance

Regulatory approval of the prospectus supplement is a step forward for WISA's planned listing, enabling its shares to trade.