Meriaura Group Plc

Investor news                                14 April 2025 at 12:00 a.m. (EEST)

Summa Defence hosts a webinar to present the merger of Meriaura Group and Summa Defence

Summa Defence Oy will host a webinar on April 16, 2025, for Meriaura Group shareholders. The webinar will present Summa Defence and the merger of Meriaura Group Plc and Summa Defence Oy through a share exchange. The webinar will be held in both Finnish and English.

The Finnish-language webinar will start at 18:00 and can be followed at: https://summadefence.videosync.fi/2025-04-16-webcast-fin

Get the latest news
delivered to your inbox
Sign up for The Manila Times newsletters
By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy.

The English-language webinar will start at 19:00 and can be followed at: https://summadefence.videosync.fi/2025-04-16-webcast-eng

Both webinars will be recorded and can be viewed later at the same links.

Meriaura Group Plc and Summa Defence Oy to merge with a share exchange

On 29 January 2025, Meriaura Group Plc signed a conditional share exchange agreement to acquire the entire share capital of Summa Defence Oy, which brings together defence and security companies. The transaction will create a strong group of companies focusing on safety and security of supply in Finland, in which dual-use technology will play a significant role. In connection with the arrangement, the Marine Logistics business (Meriaura Oy and its wholly owned subsidiary VG-EcoFuel Oy) will be sold to Meriaura Invest Oy. The name of the new listed company will be Summa Defence Plc. The holding of Meriaura Group's current shareholders in the new group of companies will be 11.8%, and that of Summa Defence's shareholders will be 88.2%.

Meriaura Group's company release about the conditional share exchange agreement can be found at:

https://meriauragroup.com/meriaura-group-oyj-inside-information-meriaura-group-plc-and-summa-defence-oy-to-merge-into-a-new-group-of-companies-in-the-defence-sector/

MERIAURA GROUP PLC

More information:

Meriaura Group Plc

Jussi Mälkiä, CEO

Tel. +358 400 785 489

Email: jussi.malkia@meriaura.com

Summa Defence Oy

Jussi Holopainen, CEO

Tel. +358 44 517 4543

Email: jussi.holopainen@summadefence.com

Media enquiries:

Tommi Manninen, Chief Communications Officer

Tel. +358 400 437 515

Email: tommi.manninen@summadefence.com

Meriaura Group Plc in brief

Meriaura Group Plc has two business areas: Marine Logistics and Renewable Energy.

Meriaura Oy, which engages in the Marine Logistics business, is a major provider of transport for bulk cargo and demanding project deliveries in Northern Europe, especially in the Baltic Sea and North Sea regions. The company provides its customers with competitive low-emission marine transport services, which are based on long-term affreightment agreements, a modern fleet and the active development of operational sustainability. In addition, Meriaura has a strong market position as a marine transport provider in renewable energy construction projects. 

The Marine Logistics business also includes VG-EcoFuel Oy, which produces biofuels from bio-oils and recycled oils generated as industrial by-products.

The Renewable Energy business focuses on comprehensive clean energy solutions. Meriaura Energy Oy designs and delivers clean energy production systems as comprehensive deliveries for industry and district heat production. Energy production is built around large-scale solar thermal systems implemented using high-performance solar thermal collectors manufactured by the company. The Renewable Energy business also includes Rasol Oy, which provides high-quality solar power systems for buildings, businesses and solar parks.

Meriaura Group's shares are listed on Nasdaq First North Growth Market Sweden under the symbol MERIS and on Nasdaq First North Growth Market Finland under the symbol MERIH.

www.meriauragroup.com

The company's Certified Adviser is Augment Partners AB, info@augment.se, tel. +46 8-604 22 55.