Sponda Plc Stock Exchange Release 26 January 2007 at 3.15 pm
Not for release, publication or distribution, directly or indirectly, in or into
Australia, Canada, Japan or the United States.
Finnish parliament approves government proposal concerning issue of new Sponda
Plc shares
The Parliament decided today, when approving the 2007 supplementary budget, to
allocate EUR 85 million to Sponda Plc's issue of new shares. As was stated in
Sponda's release published on 11 January 2007, the Finnish government proposed in
its supplementary budget proposal that in conjunction with Sponda Plc's issue of
new shares, the State of Finland subscribe for the number of Sponda shares to the
proportion of its current shareholding in Sponda for a maximum subscription price
of EUR 85 million.
Helsinki, January 26, 2007
Sponda Oyj
Further information:
Kari Inkinen, President and CEO, Sponda Plc, tel. +358 (0)9 6805 8202, +358
(0)400-402 653
Sponda Plc is a real estate company specializing in commercial properties mainly
in the Helsinki metropolitan area. Sponda's business concept is to own, lease and
develop office, retail and logistics properties into environments that promote
the business success of its clients. The fair value of Sponda's investment
properties is approximately EUR 2.8 billion euros and the leasable area is around
2 million m². Sponda is the largest real estate investment company listed on the
Helsinki Stock Exchange.
The information contained herein is not for release, publication or distribution,
directly or indirectly, in or into Australia, Canada, Japan or the United States.
This release does not constitute an offer to sell subscription rights or shares
in Australia, Japan, Canada or the United States (save for exemption regarding
the private placement). The shares referred to in the release may only be offered
or sold in the United States pursuant to an exemption from registration
requirements as provided for in the U.S. Securities Act of 1933, or in a
transaction not subject to the U.S. Securities Act of 1933 or any applicable laws
of the states of the United States. There is no intention to register this
offering or any portion of it in the United States or to conduct a public
offering of the shares in the United States.
This release does not constitute a direct or indirect offer to sell or acquire
securities, nor shall there be any sale of the shares in any jurisdiction in
which such offer or sale would be unlawful prior to registration of the shares,
exemption from registration requirement or other qualification under the
securities laws of any such jurisdiction.
This release does not constitute an offer of securities to the public in the
United Kingdom. No offering circular has been or will be registered in the United
Kingdom in respect of the securities, and consequently, the offering is directed
only to persons who (i) are outside the United Kingdom or (ii) are persons
falling within Article 19(5) ("investment professionals") of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (all such persons
together being referred to as "relevant persons"). This release or any of its
contents must not be acted on or relied on by persons who are not relevant
persons.
Merrill Lynch and Nordea are acting for Sponda and for no-one else in connection
with the offering and will not be responsible to anyone other than Sponda for
providing the protections afforded to the respective clients of Merrill Lynch or
Nordea nor for providing any advice in relation to the offering.