{"success":true,"data":{"pressRelease":{"id":"120643","rtpr_id":"nWkr6j0c6k","ticker":"UPM","exchange":"Nasdaq Helsinki","all_tickers":["UPM"],"title":"The Finnish Financial Supervisory Authority has approved a supplement to WISA Group Plc's demerger and listing prospectus","author":"Cision","published_at":"2026-08-17T13:00:03.439Z","article_body":"UPM-Kymmene Oyj\nUPM-Kymmene Corporation Stock Exchange Release (Other information disclosed\naccording to the rules of the exchange)              August 17,\n2026 at 16:00 EEST\n\nThe Finnish Financial Supervisory Authority has approved a supplement to WISA\nGroup Plc's demerger and listing prospectus\n\nThe Finnish Financial Supervisory Authority has today, on August 17, 2026,\napproved a supplement to the Finnish language demerger and listing prospectus\nconcerning the partial demerger of UPM-Kymmene Corporation (“UPM”) and\napplication of the shares in WISA Group Plc (“WISA”) to be admitted for\ntrading on the regulated market of Nasdaq Helsinki Ltd. UPM will publish the\nsupplement to the prospectus on behalf of WISA. The supplement relates to\nWISA’s unaudited carve-out financial information and unaudited pro forma\nfinancial information as at and for the six months ended June 30, 2026,\nWISA’s guidance and certain technical amendments.\n\nThe Finnish-language supplement and its unofficial English translation will be\navailable, together with the previously published demerger and listing\nprospectus and its unofficial English translation, as of August 17, 2026 at\nwww.upm.fi/jakautuminen and www.upm.com/demerger.\n\nThe Board of Directors of UPM has proposed that the Extraordinary General\nMeeting convened to be held on August 31, 2026 (the “EGM”) would approve\nthe demerger plan and resolve upon the partial demerger as set forth in the\ndemerger plan, approved by the Board of Directors of UPM. According to the\ndemerger plan, UPM will demerge so that all assets and liabilities of UPM\nrelating to the UPM Plywood business area, or mainly serving the UPM Plywood\nbusiness area, are transferred to WISA, a company to be established in the\npartial demerger. The planned completion date of the demerger is October 31,\n2026, and the demerger is subject to, among other things, approval by the EGM.\nTrading in the shares of WISA on the regulated market of Nasdaq Helsinki Ltd\nis expected to begin on November 2, 2026, or as soon as reasonably possible\nthereafter.\n\nUPM, Media relations\nMon-Fri 9:00–16:00 EEST\ntel. +358 40 588 3284\nmedia@upm.com\n\nUPM\nUPM is a material solutions company, renewing products and entire value chains\nwith an extensive portfolio of renewable fibres, advanced materials,\ndecarbonization solutions, and communication papers. Our performance in\nsustainability has been recognized by third parties, including EcoVadis and\nthe Dow Jones Sustainability Indices. We operate globally and employ\napproximately 15,100 people worldwide, with annual sales of approximately\n€9.7 billion. Our shares are listed on Nasdaq Helsinki Ltd.\nUPM – we renew the everyday\nRead more: upm.com (http://www.upm.com)\n\nFollow us on LinkedIn\n(https://www.linkedin.com/company/upm-kymmene) | YouTube\n(https://www.youtube.com/user/upmdotcom) | Instagram\n(https://www.instagram.com/upmworld/) | #UPM #materialsolutions\n#WeRenewTheEveryday \n\nImportant information\nThe distribution of this announcement may, in certain jurisdictions, be\nrestricted by law. The information contained herein does not constitute an\noffer to sell or the solicitation of an offer to buy any shares in UPM or WISA\nin any jurisdiction. Any securities referred to in this announcement have not\nbeen and will not be registered under the U.S. Securities Act of 1933, as\namended (the “Securities Act”), and may not be offered, sold or delivered,\ndirectly or indirectly, in or into the United States except pursuant to an\nexemption from, or in a transaction not subject to, the registration\nrequirements of the Securities Act. There will be no public offering of\nsecurities in the United States. No securities referred to herein have been\napproved or disapproved by the U.S. Securities and Exchange Commission, any\nstate securities commission or any other regulatory authority in the United\nStates, nor have any of the foregoing authorities passed comment upon, or\nendorsed the merit of, the partial demerger of UPM or the accuracy or the\nadequacy of this announcement. Any representation to the contrary is a\ncriminal offence in the United States.\n\nhttps://news.cision.com/upm-kymmene-oyj/r/the-finnish-financial-supervisory-authority-has-approved-a-supplement-to-wisa-group-plc-s-demerger-a%2Cc4384276\n\n\n\n(c) Cision 2026","article_body_html":"","raw_payload":{"data":{"id":"nWkr6j0c6k","title":"The Finnish Financial Supervisory Authority has approved a supplement to WISA Group Plc's demerger and listing prospectus","author":"Cision","ticker":"UPM","created":"2026-08-17T13:00:03.439Z","tickers":["UPM"],"exchange":"Nasdaq Helsinki","article_body":"UPM-Kymmene Oyj\nUPM-Kymmene Corporation Stock Exchange Release (Other information disclosed\naccording to the rules of the exchange)              August 17,\n2026 at 16:00 EEST\n\nThe Finnish Financial Supervisory Authority has approved a supplement to WISA\nGroup Plc's demerger and listing prospectus\n\nThe Finnish Financial Supervisory Authority has today, on August 17, 2026,\napproved a supplement to the Finnish language demerger and listing prospectus\nconcerning the partial demerger of UPM-Kymmene Corporation (“UPM”) and\napplication of the shares in WISA Group Plc (“WISA”) to be admitted for\ntrading on the regulated market of Nasdaq Helsinki Ltd. UPM will publish the\nsupplement to the prospectus on behalf of WISA. The supplement relates to\nWISA’s unaudited carve-out financial information and unaudited pro forma\nfinancial information as at and for the six months ended June 30, 2026,\nWISA’s guidance and certain technical amendments.\n\nThe Finnish-language supplement and its unofficial English translation will be\navailable, together with the previously published demerger and listing\nprospectus and its unofficial English translation, as of August 17, 2026 at\nwww.upm.fi/jakautuminen and www.upm.com/demerger.\n\nThe Board of Directors of UPM has proposed that the Extraordinary General\nMeeting convened to be held on August 31, 2026 (the “EGM”) would approve\nthe demerger plan and resolve upon the partial demerger as set forth in the\ndemerger plan, approved by the Board of Directors of UPM. According to the\ndemerger plan, UPM will demerge so that all assets and liabilities of UPM\nrelating to the UPM Plywood business area, or mainly serving the UPM Plywood\nbusiness area, are transferred to WISA, a company to be established in the\npartial demerger. The planned completion date of the demerger is October 31,\n2026, and the demerger is subject to, among other things, approval by the EGM.\nTrading in the shares of WISA on the regulated market of Nasdaq Helsinki Ltd\nis expected to begin on November 2, 2026, or as soon as reasonably possible\nthereafter.\n\nUPM, Media relations\nMon-Fri 9:00–16:00 EEST\ntel. +358 40 588 3284\nmedia@upm.com\n\nUPM\nUPM is a material solutions company, renewing products and entire value chains\nwith an extensive portfolio of renewable fibres, advanced materials,\ndecarbonization solutions, and communication papers. Our performance in\nsustainability has been recognized by third parties, including EcoVadis and\nthe Dow Jones Sustainability Indices. We operate globally and employ\napproximately 15,100 people worldwide, with annual sales of approximately\n€9.7 billion. Our shares are listed on Nasdaq Helsinki Ltd.\nUPM – we renew the everyday\nRead more: upm.com (http://www.upm.com)\n\nFollow us on LinkedIn\n(https://www.linkedin.com/company/upm-kymmene) | YouTube\n(https://www.youtube.com/user/upmdotcom) | Instagram\n(https://www.instagram.com/upmworld/) | #UPM #materialsolutions\n#WeRenewTheEveryday \n\nImportant information\nThe distribution of this announcement may, in certain jurisdictions, be\nrestricted by law. The information contained herein does not constitute an\noffer to sell or the solicitation of an offer to buy any shares in UPM or WISA\nin any jurisdiction. Any securities referred to in this announcement have not\nbeen and will not be registered under the U.S. Securities Act of 1933, as\namended (the “Securities Act”), and may not be offered, sold or delivered,\ndirectly or indirectly, in or into the United States except pursuant to an\nexemption from, or in a transaction not subject to, the registration\nrequirements of the Securities Act. There will be no public offering of\nsecurities in the United States. No securities referred to herein have been\napproved or disapproved by the U.S. Securities and Exchange Commission, any\nstate securities commission or any other regulatory authority in the United\nStates, nor have any of the foregoing authorities passed comment upon, or\nendorsed the merit of, the partial demerger of UPM or the accuracy or the\nadequacy of this announcement. Any representation to the contrary is a\ncriminal offence in the United States.\n\nhttps://news.cision.com/upm-kymmene-oyj/r/the-finnish-financial-supervisory-authority-has-approved-a-supplement-to-wisa-group-plc-s-demerger-a%2Cc4384276\n\n\n\n(c) Cision 2026"},"type":"article","timestamp":"2026-08-17T13:00:03.525198935Z","server_sent_at_ms":1786971603525},"received_at":"2026-08-17T13:00:03.574Z","source_url":"https://news.cision.com/upm-kymmene-oyj/r/the-finnish-financial-supervisory-authority-has-approved-a-supplement-to-wisa-group-plc-s-demerger-a%2Cc4384276"},"analysis":{"id":"109632","press_release_id":"120643","analysis_json":{"industry":{"label":"Paper & Forest Products","sector":"Materials"},"redFlags":[],"eventType":"restructuring","narrative":"The Finnish Financial Supervisory Authority approved a supplement to the demerger and listing prospectus for WISA Group Plc, covering H1 2026 financials and guidance.\n\nUPM's Extraordinary General Meeting is scheduled for August 31, 2026, to approve the demerger plan which will transfer the UPM Plywood business to WISA.\n\nThe demerger is expected to complete on October 31, 2026, with trading in WISA shares on Nasdaq Helsinki slated to begin on November 2, 2026.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Procedural step in UPM Plywood demerger; key dates for EGM and listing confirmed."},"keyFigures":{"customDimensions":{"egm_date":"August 31, 2026","annual_sales":"€9.7 billion","employee_count":15100,"trading_start_date":"November 2, 2026","demerger_completion_date":"October 31, 2026"}},"quotedText":"","namedEntities":{"people":[],"products":["UPM Plywood"],"companies":[{"name":"UPM-Kymmene Oyj","ticker":"UPM"},{"name":"WISA Group Plc","ticker":"WISA","relationship":"subsidiary"},{"name":"Nasdaq Helsinki Ltd","relationship":"exchange"},{"name":"The Finnish Financial Supervisory Authority","relationship":"regulator"}],"dollarAmounts":[{"amount":"€9.7 billion","context":"UPM annual sales"}]},"materialImpact":{"score":2,"reasoning":"Procedural update regarding the approval of a prospectus supplement for the previously announced partial demerger. Confirms key timeline milestones but does not alter the fundamental business or financial outlook of UPM directly."},"tickerRelevance":{"others":[{"ticker":"WISA","relevance":"subsidiary"}],"primary":"UPM"},"globalImportance":20,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap-europe","eventGravity":"procedural_update","sectorWeight":"materials"}},"event_type":"restructuring","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"The Finnish Financial Supervisory Authority approved a supplement to the demerger and listing prospectus for WISA Group Plc, covering H1 2026 financials and guidance.\n\nUPM's Extraordinary General Meeting is scheduled for August 31, 2026, to approve the demerger plan which will transfer the UPM Plywood business to WISA.\n\nThe demerger is expected to complete on October 31, 2026, with trading in WISA shares on Nasdaq Helsinki slated to begin on November 2, 2026.","key_figures":{"customDimensions":{"egm_date":"August 31, 2026","annual_sales":"€9.7 billion","employee_count":15100,"trading_start_date":"November 2, 2026","demerger_completion_date":"October 31, 2026"}},"named_entities":{"people":[],"products":["UPM Plywood"],"companies":[{"name":"UPM-Kymmene Oyj","ticker":"UPM"},{"name":"WISA Group Plc","ticker":"WISA","relationship":"subsidiary"},{"name":"Nasdaq Helsinki Ltd","relationship":"exchange"},{"name":"The Finnish Financial Supervisory Authority","relationship":"regulator"}],"dollarAmounts":[{"amount":"€9.7 billion","context":"UPM annual sales"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-17T14:00:01.672Z","global_importance":20,"audience_relevance":15,"importance_components":{"tickerTier":"large-cap-europe","eventGravity":"procedural_update","sectorWeight":"materials"}},"durationMs":104280,"modelName":"glm-4.7"}}