A total number of 114,700 new shares in Kemira Oyj have been subscribed on the basis of the stock option rights granted under the stock option programme of the year 2001. In accordance with the stock option programme the subscription price of shares was EUR 2.81 per share.
The increase in share capital relating to the new shares has been entered in the trade register today 11 November 2004, whereby the share capital in Kemira Oyj increased by EUR 203,415.33. After the increase the share capital of Kemira Oyj is EUR 220,694,639.59. Including the new shares, the total amount of shares in Kemira Oyj comes up to 124,443,300 shares.
The shareholder rights relating to the new shares commence as of 11 November 2004 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 12 November 2004.
For further information please contact:
Kemira Oyj
Sami Koski, Secretary to the Board of Directors
Tel. +358 (0)10 862 1639, GSM +358 (0)40 722 7575