Increase in share capital

SUBSCRIPTION PERIOD:

13.12.1993-28.1.1994

12.4.1995

10.6.-10.7.1996 

 1.4.-30.4.1998

Method

new issue

targeted issue to Raision Margariini (RM) shareholders

 new issue

 targeted issue to holders of 1993 bond warrants

Terms of subscription

5 V or K: 1 V

11 RM: 5 V

 5 V: 1 V
5 K: 1 K

 -

Nominal value, FIM

50

10

 10

 10

Subscription price, FIM

250.00

exchange

80.00

96.75

Subscription price, EUR

42.05

-

13.46

16.27

Number of new shares

405,206

1,454,630

2,722,163

181,920

Increase in share capital, EUR million

3.41

2.45

4.58

0.31

New share capital, EUR million

20.5

22.9

27.5

27.8

Right to dividend

half dividend 1993

full dividend 1995

full dividend 1996

full dividend 1998