Company Overview - Summa Defence Plc is a Finnish defense and security technology group focused on supporting industry growth and enhancing industrial production capacity amid geopolitical changes [5] - The company specializes in dual-use technologies related to supply security, situational awareness, mobility, and defense, benefiting civilian, security, and defense sectors while strengthening comprehensive security and crisis management capabilities [5] Name and Share Changes - The company changed its name from Meriaura Group Oyj to Summa Defence Oyj as decided in the Annual General Meeting on April 24, 2025 [1] - The name change is part of an arrangement where the company acquires the entire share capital of Summa Defence Oy through a share exchange and sells its subsidiary Meriaura Oy to Meriaura Invest Oy [1] - The Board of Directors executed the arrangement on June 9, 2025, issuing a total of 4,030,374,032 new shares related to the acquisition and cancelling 330,675,334 treasury shares [2] Share Capital and Trading - The new shares were registered in the Trade Register on June 10, 2025, along with the cancellation of treasury shares and the name change [3] - The company's share capital remains unchanged at EUR 470,210.00, with a total of 4,567,193,463 shares and votes after the registration [4] - The new shares will be publicly traded alongside the old shares on Nasdaq First North Sweden and Nasdaq First North Finland, starting June 11, 2025 [4][6]
Summa Defence Oyj’s new name has been registered in the Trade register, the trading symbols have been changed, new shares have been registered in the Trade Register and the acquired treasury shares have been cancelled
Globenewswire·2025-06-10 06:00