Spinnova Corporation – Managers’ Transactions: Timo Soininen

Spinnova Oyj – Managers’ Transactions

____________________________________________

Person subject to the notification requirement

Name: VillageCape Ventures Oy

Position: Closely associated person

(X) Legal person

(1):Person Discharging Managerial Responsibilities In Issuer

Name: Soininen, Timo Juhani

Position: Member of the Board

Issuer: Spinnova Oyj

LEI: 7437000SWC9YSSJWZB91

Notification type: INITIAL NOTIFICATION

Reference number: 7437000SWC9YSSJWZB91_20210630143158_5

____________________________________________

Transaction date: 2021-06-24

Venue: FIRST NORTH FINLAND (FNFI)

Instrument type: SHARE

ISIN: FI4000507595

Nature of the transaction: SUBSCRIPTION

Transaction details

(1): Volume: 65,703 Unit price: 7.61 EUR

Aggregated transactions

(1): Volume: 65,703 Volume weighted average price: 7.61 EUR

 

For further information

Ben Selby, CFO

+358 503058077

ben.selby@spinnova.com

 

Spinnova – Sustainable textile materials naturally

Spinnova transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed breakthrough technology for making textile fibre out of wood or waste, such as leather, textile or food waste, without harmful chemicals. The patented SPINNOVA® fibre creates zero waste and side streams or microplastics, and its CO2 emissions and water use are minimal. SPINNOVA® materials are quickly biodegradable and circular. Spinnova is committed to using only sustainable raw materials such as FSC certified wood and waste streams.

Spinnova has been awarded e.g. World Changing Idea and Innovation by Design by the Fast Company, as well as Sustainability Achievement of the year by the ISPO and Scandinavian Outdoor Awards twice and chosen Best Material of the Monocle Design Awards 2021.

www.spinnova.com