Summa Defence Ltd
Press release 24.3.2025 at 19:00 EET
Meriaura Group Plc (“Meriaura Group” or the “Company”) has received conditional approval from Nasdaq Stockholm AB for the continued listing of Meriaura Group’s shares on Nasdaq First North Growth Market (“First North”) with regard to the acquisition of Summa Defence Oy (“Summa Defence”), announced on 29 January 2025.
In accordance with the company announcement published on 29 January 2025, Meriaura Group plans to acquire the entire share capital of Summa Defence. The transaction is to be implemented through a share exchange by carrying out a directed share issue to the shareholders of Summa Defence. In connection with the arrangement, the Marine Logistics business (Meriaura Oy and its wholly owned subsidiary VG-EcoFuel Oy) will be sold. The name of the new listed company will be Summa Defence Plc. The transaction and associated arrangements are conditional on the decisions of the Annual General Meeting of Meriaura Group.
Nasdaq Stockholm AB has approved the continued listing of Meriaura Group’s shares on First North in both Finland and Sweden, provided that the Company publishes a Company Description in accordance with the Nasdaq First North Growth Market Rulebook (the “Rulebook”), the legal due diligence report on Summa Defence Oy is submitted to Nasdaq Stockholm AB with no findings that would alter its assessment of the fulfillment of the listing requirements, the distribution requirement is fulfilled, and the Company updates its website in accordance with the Rulebook following the completion of the transaction.
A Company Description is planned to be published before the notice to the Annual General Meeting and will be available on Meriaura Group’s website at www.meriauragroup.com.
Further information:
Meriaura Group Plc
CEO Jussi Mälkiä
Phone: +358 40 078 5489
Email: jussi.malkia@meriaura.com
Summa Defence Oy
CEO Jussi Holopainen
Phone: +358 44 517 4543
Email: jussi.holopainen@summadefence.com
Summa Defence in brief
Summa Defence is a Finnish defense and security technology group supporting industry growth and strengthening industrial production capacity amid geopolitical change. We focus on dual-use technologies related to situational awareness, mobility, and protection, benefiting the civilian, security, and defense sectors while enhancing comprehensive security, security of supply, and crisis management capabilities. www.summadefence.fi