SanomaWSOY Corporation's share capital has increased by EUR 3,312.55
corresponding to 7,285 new shares due to 1,000 shares subscribed with
2001B stock options and a convertible capital note conversion, where
10 notes of SanomaWSOY's convertible capital notes were converted into
6,285 shares.
The increase of share capital was entered into the Trade Register on
May 15, 2007 and the trading with the new shares begins on May 16,
2007.
In total, SanomaWSOY's share capital increased from EUR 70,953,682.09
to EUR 70,956,814.64, and the number of shares increased from
165,008,563 to 165,015,848.
The conversion period of the SanomaWSOY convertible capital notes ends
on June 20, 2007. The imputed conversion price of a share is EUR
15.91. A fixed annual interest of 5.25% is payable on the notes, and
the last interest payment will be made on the maturity date, i.e. July
4, 2007.
When issued, the loan totalled EUR 200 million. On May 15, 2007 the
loan amounts to EUR 1.5 million. SanomaWSOY's convertible capital
notes converted into the new shares entitle their holders to a
dividend for the first time for the financial year during which the
conversion has taken place. Other shareholder rights commence from the
date on which the increase in share capital is entered into the Trade
Register.
For the new shares subscribed with stock options, however, all
shareholder rights commence from the date on which the increase in
share capital is entered into the Trade Register.
SanomaWSOY announced the Warrant Scheme 2001 on January 31, 2002 and
informed about the previous increase in share capital on April 19,
2007.
SANOMAWSOY CORPORATION
Matti Salmi
Senior Vice President
Finance and Administration
Additional information: SanomaWSOY's Group Communications, tel.
+385 105 19 5062 or ir@sanomawsoy.fi
SanomaWSOY is the leading media group in the Nordic region
operating in versatile fields of media in over 20 European
countries. The Group has five divisions: Sanoma Magazines, Sanoma,
SanomaWSOY Education and Books, SWelcom, and Rautakirja. In 2006,
the Group employed over 18,000 people and its net sales were some
EUR 2.7 billion.
