1.1. Board of Directors and Group Management Team
Conditional underwritings of the members of Board of Directors and Group
Management Team of Cencorp Corporation, which were published on September 26,
2007, came into effect towards subscribers when extraordinary general meeting,
held on September 27, 2007 (hereinafter “General Meeting”) decided to arrange
the directed share issue. Amount of underwritings corresponds to the maximum
amount of the share issue that is 1,360,000 euros.
According to underwritings following members of the Board of Directors and Group
Management Team subscribe shares as presented hereunder:
Chairman of the Board Jorma Kielenniva
Primary subscription: 30,000. 24 euros corresponding to 88,236 shares
Board Member Sauli Kiuru on behalf of company controlled by Mr Kiuru:
Tilitoimisto Capital Oy
Primary subscription : 136,000 euros corresponding to 400,000 shares
Secondary subscription: 1,106,419. 5 euros corresponding to 3,254,175 shares
President and CEO Jouni Suutarinen
Primary subscription: 15,000. 12 euros corresponding to 44,118 shares
Vice President, Legal Affairs Ville Parpola
Primary subscription: 2,040 euros corresponding to 6,000 shares
Vice President, Operations Juha Kantola
Primary subscription: 2,040 euros corresponding to 6,000 shares
Vice President, Test Solutions Hannu Seppälä
Primary subscription: 60,000. 14 euros corresponding to 176,471 shares
Vice President, Sales and Marketing Kimmo Akiander
Primary subscription: 8,500 euros corresponding to 25,000 shares
1.2. Convertible capital notes 2006
Conditional underwritings based on the convertible capital notes of Keskinäinen
työeläkevakuutusyhtiö Varma, Etra Invest Oy, FT Capital Oy and Mr. Markku
Jokela, which were published on September 26, 2007, came into effect towards
subscribers when General Meeting decided to change the terms of the convertible
capital notes.
According to the underwritings following holders of the convertible loan,
subscribe shares as presented hereunder. Conversion rate of the loan is 0,35
euros:
--------------------------------------------------------------------------------
| Loan holder | Capital value of the convertible |
| | capital notes 2006 of Cencorp |
| | Corporation (EUR) / share amount |
--------------------------------------------------------------------------------
| Etra Invest Oy | 400,000.30 euros that is 1,142,858 |
| (Business ID: 0672234-6) | shares |
--------------------------------------------------------------------------------
| FT Capital Oy | 499,999. 50 euros that is 1,428,570 |
| (Business ID: 1649320-9) | shares |
--------------------------------------------------------------------------------
| Markku Jokela | 149,999.50 euros that is 428,570 |
| (Personal Identity Code: | shares |
| 140657-0838) | |
--------------------------------------------------------------------------------
| Keskinäinen työeläkevakuutusyhtiö | 2,000,000.10 euros that is 5,714,286 |
| Varma (Business ID: 0533297-9) | shares |
--------------------------------------------------------------------------------
1.3. Payment of the subscriptions
Shares must be paid on October 19, 2007 at latest. The subscription price of the
shares will be recorded entirely to the fund of invested non-restricted equity.
Based on the underwritings the share amount of the company increases by
12,714,284 shares from 34,250,591 shares to 46,964,875 shares. Increasing of the
share amount is estimated to be registered to the National Trade Register during
week 43/2007.
at Lohja, 1 October 2007
Cencorp Corporation
BOARD OF DIRECTORS
For further information please contact:
Ville Parpola
Vice President, Legal Affairs
+358-40-772 64 84
Cencorp develops and supplies automation solutions to the electronics and
semiconductor industry that enhance productivity.
Distribution:
Helsinki Stock Exchanges
Main media
www.cencorp.com
Neither this press release nor any copy of it may be taken, transmitted
into or distributed in the United States of America or its territories or
possessions.