Fortum shares subscribed for with share warrants

09.12.2004

The following Fortum shares, subscribed for and paid to the company relating to Fortum Corporation’s share warrants, will be traded on the Main List of the Helsinki Stock Exchange starting on 10 December 2004, together with the old shares.

Name of scheme

Subscription period

Quantity

Bond loan with warrants for employees 1999

19 October - 30 November 2004

4,355,020

Management share option scheme 1999

19 October - 30 November 2004

4,514,000

Share Option Scheme 2002A for key employees

19 October - 30 November 2004

4,550,100

 

The increase in the share capital resulting from the share subscriptions, a total of EUR 45,625,008.00, was entered in the Trade Register on 9 December 2004. After this increase, Fortum Corporation’s share capital is EUR 2,948,085,277.00 and the total number of shares is 867,083,905. Following the share subscriptions, Fortum Corporation’s shareholders’ equity increased by a total of EUR 62,699,736.60.

 

According to the terms of subscription, the new shares subscribed for under the scheme ‘Bond loan with warrants for employees 1999’ and the scheme ‘Management share option 1999’ will entitle to a dividend possibly paid by the company for the financial period of 2004. The entitlement to a dividend of shares subscribed for via ‘Share Option Scheme 2002A for key employees’ will begin once the increase of share capital has been entered in the Trade Register. Other shareholder rights will become effective on the date of registration, 9 December 2004.

 

Basic data of Fortum Corporation shares on 10 December 2004:

 

Trading code: FUM1V
ISIN code:
FI0009007132
Number of shares:
867,083,905

 

Subscriptions relating to share warrants made by the end of December 2004 will be approved in the early part of January 2005, after which time trading with these shares will begin.

Shares subscribed for during 2005 via Bond loan with warrants for employees 1999 and Management share option scheme 1999 will no longer give entitlement to a dividend from the year 2004, either in cash or in the form of shares in Fortum Oil Oy, as stated in the Stock Exchange Release dated 1 October 2004.

 

Fortum Corporation

Carola Teir-Lehtinen
Senior Vice President, Corporate Communications

 

Further information:
Jouni Huttunen, tel. +358 10 452 4649

 

Distribution:
Helsinki Stock Exchange
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