16th Dec 2013 07:00
16 December 2013
Powerflute Oyj
("Powerflute")
Change of Advisers
Powerflute Oyj ("Powerflute"), the packing and paper group, announces the appointment of Numis Securities Limited ("Numis") as Powerflute's Nominated Adviser and Broker with immediate effect.
Powerflute is quoted on the AIM market of the London Stock Exchange (Ticker: POWR).
- Ends -
For further information, please contact:
Powerflute Dermot Smurfit (Chairman) Marco Casiraghi (CEO) David Walton (CFO)
|
c/o Oliver Winters, FTI Consulting +44 20 7831 3113 |
Numis Securities Mark Lander (Corporate Broking) Andrew Holloway / Jamie Lillywhite (Nominated Advisor)
|
+44 20 7260 1000 |
FTI Consulting Oliver Winters Georgina Goodhew
| +44 20 7831 3113 |
About Powerflute
Powerflute Oyj ("the Company" or "Powerflute") is a paper and packaging group quoted on the AIM market of the London Stock Exchange (Ticker: POWR). Through its subsidiary Savon Sellu Oy, the Group operates a paper mill in Kuopio, Finland which produces a specialised form of semi-chemical fluting made from locally sourced birch. Corrugated boxes manufactured using Nordic semi-chemical fluting demonstrate strength and moisture resistance and are used for transportation of fruit and vegetables, high-value industrial goods such as electrical appliances and automotive components. The Kuopio mill is one of only three suppliers of Nordic semi-chemical fluting in Europe.
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