Press releases

Hygiene and health company Essity has today published its Annual and Sustainability Report for 2020 on www.essity.com.

According to Essity’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.

Notice is given to the Shareholders of Essity Aktiebolag (publ) (“Essity”) of the Annual General Meeting of Shareholders to be held on Thursday, March 25, 2021

Further to the announcement on December 10, 2020, hygiene and health company Essity has now entered an agreement with hygiene company Asaleo Care to acquire the remaining 63.8% of the shares in the company for AUD 1.40 cash per share. Asaleo Care is listed on the Australian Securities Exchange and Essity is the largest shareholder, currently holding 36.2% of the shares. 

As announced by Essity on December 10, 2020, discussions are ongoing between Essity and the Australian hygiene company Asaleo Care concerning the acquisition of additional shares in Asaleo Care.  

Essity has today raised EUR 700m in the bond market under its Euro Medium Term Note (EMTN) program. The reoffering yield for the bond was 0.289% with a maturity on February 8, 2031, corresponding to mid swaps +0.47 percentage points. 

According to Essity’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.

Hygiene and health company Essity has been recognized as one of the world’s 100 most sustainable companies by Corporate Knights. The list was announced virtually today during the World Economic Forum.

Hygiene and health company Essity is launching new ranges of washable absorbent underwear within its feminine care and incontinence products categories. The underwear offers invisible protection for up to eight hours, providing users with a more sustainable option than disposable protection.