LASSILA & TIKANOJA PLC STOCK EXCHANGE ANNOUNCEMENT 27 JULY 2004
LASSILA & TIKANOJA: SHARES SUBSCRIBED WITH STOCK OPTIONS
Trading in the Lassila & Tikanoja plc 2002A stock options issued in 2002 started on the Helsinki Exchanges Main List on 3 May 2004. With the 2002A stock options, 2,500 new shares were subscribed during the period 3 May – 21 July 2004. The share subscription price for these stock options is 19.14 euros per share.
As a result of these subscriptions, the company’s registered share capital will increase by 1,250 euros to 7.914.404 euros and the number of the shares will increase to 15.828.808 shares. The book counter-value of the share is 0.50 euros. The increase of the share capital should be entered in the Trade Register on 10 August 2004. The new shares should be available for public trading on the Helsinki Exchanges Main List on 11 August 2004 together with the existing shares.
A total of 130,000 2002A stock options have been issued. The subscription period ends on 30 October 2005.
The next increase in the share capital is intended to be carried out as follows:
Share subscription deadline: 24 November 2004
Entry into the Trade Register: 15 December 2004
New shares listed: 16 December 2004.
The shares shall entitle their holders to a dividend for the financial year during which the shares have been subscribed for. Other shareholder rights shall commence once the increase in the share capital has been entered in the Trade Register.
LASSILA & TIKANOJA PLC
Sirkka Tuomola
Vice President and CFO
For additional information please contact Sirkka Tuomola, tel +358 10 636 2883.