Change in the composition of Spinnova Plc’s Management Team

Spinnova Plc’s General Counsel and member of the Management Team, Johanna Valkama, has decided to move to a new role outside the company. Valkama will continue in her current role during her three-month notice period and will support the progress of ongoing projects at the company as well as the orderly transition of her responsibilities.

“I would like to warmly thank Johanna for her significant contribution to Spinnova. Johanna has been a valued member of the Management Team and an important support to the company in the areas of legal affairs and good governance. We understand her decision to move to a role that better suits her goals at this stage. We will continue our good cooperation over the next three months and wish Johanna all the best for the future,” says Spinnova’s CEO Janne Poranen.

Spinnova Plc

Further information:
Janne Poranen, CEO
Tel. +358 20 703 2430
janne.poranen@spinnova.fi

Certified Adviser:
Aktia Alexander Corporate Finance Oy
Tel. +358 50 520 4098

Distribution: 
Nasdaq Helsinki
Main media

About Spinnova

The textile material innovation

Spinnova technology transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed a breakthrough patented technology for making textile fibre out of wood pulp or waste, such as leather, textile, or agricultural cropping waste, without harmful chemicals or dissolving.

Spinnova technology creates no side streams in the fibre production process, and the SPINNOVA® fibre has minimal CO2 emissions and water use, as well as being biodegradable and recyclable. Spinnova technology uses a mechanical process which gives the fibre the look and feel of a natural cellulosic fibre such as cotton.

Spinnova’s shares (SPINN) are listed on the Nasdaq First North Growth Market Finland.

SPINNOVA® home: www.spinnova.com
Corporate & IR site: www.spinnovagroup.com