STONESOFT CORPORATION STOCK EXCHANGE RELEASE 19 March 2010 at 15.15 p.m. STONESOFT CORPORATION COMPLETES THE DIRECTED SHARE ISSUE UP TO 5.700.000 SHARES FOR DOMESTIC INVESTORS The Board of Directors of Stonesoft Corporation (the "Company" or "Stonesoft") has on 19 March 2010 decided to complete the directed share issue based on the authorization granted by the Annual General Meeting of Shareholders on 26 March 2009 and to offer in deviation from the shareholders' pre-emption rights a maximum number of 5,700,000 new shares for subscription against payment for experienced and professional domestic investors. The terms and conditions of the directed share issue are attached to this stock exchange release. The purpose of the share issue is to strengthen the Company's capital structure and to ensure the positive development according to the Company's strategy and growth plan. The shares were offered in deviation from the shareholders' pre-emption rights to experienced and professional domestic investors through a book building process. The number of subscription undertakings exceeds [1.2] fold the number of shares to be offered and approximately [85.7] per cent of all undertakings were allocated to the investors. Based on the results of the book building process the share subscription price was set to [0.80] euros per share. The subscription price shall be recorded in full as an increase in unrestricted invested equity fund. All 5,700,000 shares offered for subscription were subscribed for in the share issue corresponding to 9.95 per cent of all the shares in the company and votes attached to said shares prior to the share issue. The Company's Board of Directors has on 19 March 2010 approved the subscriptions made by the investors. Since the share issue was subscribed for in full, the Company's major shareholders Ilkka Hiidenheimo and Hannu Turunen did not subscribe for any shares in the directed share issue based on their underwriting undertakings. New shares issued in the directed share issue will be registered in the Trade Register on or about 23 March 2010 and trading in the Main market of NASDAQ OMX Helsinki Ltd will commence on or about 24 March 2010. The Finnish Financial Supervisory Authority has on 18 March 2010 granted permission (record number 27/212/2010) for the Company to exempt from a duty to release a prospectus when an admission for the Main market is applied for the new shares subscribed in the directed share issue. Helsinki, 19 March 2010 STONESOFT CORPORATION Board of Directors For further information, please contact: Ilkka Hiidenheimo, CEO, Stonesoft Corporation Tel. +358 9 476 711 E-mail: ilkka.hiidenheimo@stonesoft.com Distribution: NASDAQ OMX Helsinki Ltd Main media www.stonesoft.com This release is not for publication, release or distribution, directly or indirectly, either in full or partially, in or into the United States, Canada, Australia, Japan or any other jurisdiction in which the same would be unlawful. This release is not a direct or indirect offer of securities in the United States, Canada, Australia, Japan or any other jurisdiction in which the same would be unlawful or would require prospectus, any related registration or any other actions according to applicable rules of that jurisdiction. Securities may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. Stonesoft Corporation has not registered, and does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States. This release does not constitute an offer of any securities in the United Kingdom. No prospectus has been approved nor will be applied for approval or be approved for publication in the United Kingdom and hence, this release shall not cover offering of securities in the United Kingdom. [HUG#1395706]
STONESOFT CORPORATION COMPLETES THE DIRECTED SHARE ISSUE UP TO 5.700.000 SHARES FOR DOMESTIC INVESTORS
| Source: Stonesoft