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In Finnish securities regulation, a demerger that ends in a public listing cannot advance until the Finnish Financial Supervisory Authority (FIN-FSA) approves the listing prospectus, the document that gives prospective shareholders the financial and structural information the law requires them to receive.
That gate cleared on July 16, 2026: the FIN-FSA approved WISA Group Plc's demerger and listing prospectus, opening the path for WISA Group Plc's separation from parent UPM-Kymmene Corporation to proceed to an exchange listing.
What the FIN-FSA approval does and does not do UPM-Kymmene Corporation disclosed the development in a stock exchange release filed from Helsinki at 16:00 EEST.
Prospectus approval under Finnish and European regulatory frameworks is not an endorsement of the investment merits of the newly formed company.
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