HUHTAMAKI: INCREASE IN SHARE CAPITAL AND LISTING OF NEW SHARES RESULTING FROM USE OF STOCK OPTIONS

 

A total of 368,414 new shares of Huhtamäki Oyj have been issued following conversions of stock options attached to the company's 2000 and 2003 stock option plans. 103,600 shares were issued based on the 2000 A options, 64,800 based on 2000 B options, 129,264 based on 2000 C options and 70,750 based on 2003 A options. The corresponding increase in the company's share capital is EUR 1,252,607.60. The increase has been entered in the Finnish Trade Register on June 14, 2006. The company has requested Helsinki Exchanges to list the new shares for public trading beginning on June 15, 2006. In terms of shareholder rights, the new shares are identical to the company shares already traded on Helsinki Exchanges.

 

Following the increase company's registered share capital is EUR 354,306,472.40 and the number of shares outstanding is 104,207,786.

The A, B and C options attached to the company's 2000 stock option plan entitle to the subscription of a total of 3,600,000 new company shares. The annual subscription period is May 2 - October 31, with the program expiring on October 31, 2006. The A, B and C options attached to the company's 2003 stock option plan entitle to the subscription of a total of 2,250,000 new company shares. The annual subscription period is May 2 - October 31, with the program expiring on October 31, 2009.

Inquiries:
Mr Juha Salonen, Group Vice President, General Counsel
Tel. +358-10-686 7851

 

 

HUHTAMÄKI OYJ

Group Communications