The following information is based on a press release from Metsä Board Corporation (Metsä Board) published on February 26, 2015 and may be subject to change.
The board of Metsä has decided on a rights issue whereby shareholders are entitled to one (1) new share for every twelve (12) shares held. The subscription price is EUR 3.66 per share. The Ex-date is February 27, 2015. The new ordinary shares do not entitle to the ordinary dividend of EUR 0.12 proposed to the Annual General Meeting (AGM) which will be held March 25, 2015, which is why the proposed dividend has been added to the issue price in the formula for the adjustment factor. NASDAQ OMX Derivatives Markets will carry out a re-calculation of options and forwards in Metsä Board (METSB3).
For further information, please see the attached file.
