Subscription to Kemira shares under stock option programme 2001
Jul 01, 2005. A total number of 2,500 new shares in Kemira Oyj have been subscribed on the basis of the stock option rights granted under the stock option program of the year 2001.
Jul 01, 2005. /Lesprom Network/. A total number of 2,500 new shares in Kemira Oyj have been subscribed on the basis of the stock option rights granted under the stock option program of the year 2001. In accordance with the stock option program the subscription price of shares was Euro 2.47 per share.
The increase in share capital relating to the new shares has been entered in the trade register on 1 July 2005, whereby the share capital in Kemira Oyj increased by Euro 4,433.64. After the increase the share capital of Kemira Oyj is 221,264,628.15 Euro. Including the new shares, the total amount of shares in Kemira Oyj comes up to 124,764,000 shares.
The shareholder rights relating to the new shares commence as of 1 July 2005 and will entitle to a dividend equal to that of the old shares in the company. An application will be made for entering the new shares on to the Helsinki Stock Exchange Main List for public trading, together with the old shares in the company. Trading in these shares is expected to start on 4 July 2005.