Ahlstrom Corporation STOCK EXCHANGE RELEASE 22.11.2006 at 10.00
The Board of Directors of Ahlstrom Corporation has decided to apply for the listing of the option rights of stock option program I a, b and c (2001) and stock option program II b and c (2001) on the Helsinki Stock Exchange starting on January 2, 2007. The listing application has been submitted today.
On September 26, 2001, the Extraordinary General Meeting of Shareholders of Ahlstrom Corporation decided on September 26, 2001 on two new stock option programs. According to the original terms and conditions of the stock option programs, a maximum of 659,448 option rights of stock option program I (2001) and a maximum of 1,092,620 option rights of stock option program II (2001) can be issued. A total of 23,318 shares have been subscribed with option rights. In addition, subscription is pending with respect to 20,000 option rights. Listing is sought for 538,699 option rights of stock option program I (2001) and 520,172 option rights of stock option program II (2001). Ahlstrom Corporation has annulled 649,879 option rights that were in the possession of the company's subsidiaries.
Each option right gives its holder the right to subscribe for one share in Ahlstrom Corporation. The current subscription price is EUR 9.22. The nominal value of each Ahlstrom share is EUR 1.50. Shareholders shall be entitled to dividends and other rights carried by the shares after the increase of the share capital is registered with the trade register.
The share subscription period with option rights of stock option program I a, b and c (2001) commenced on May 1, 2002 and ends on April 30, 2007. The share subscription period with option rights of stock option program II b and c (2001) starts on January 1, 2007 and ends on April 30, 2007. The share capital of the company can increase by a maximum of EUR 1,618,306.50 and the number of shares by 1,078,871 new shares to a total of 46,670,608 shares as a result of share subscriptions made with the option rights.
The place of subscription under option programs I and II (2001) is Evli Bank plc.
President and CEO
For further information, please contact:
Gustav Adlercreutz, Senior Vice President, Administration, General Counsel, tel. +358 10 888 4727
For further information on subscription, please contact:
Evli Bank plc / Operations tel. +358 9 4766 9931 or email@example.com
Helsinki Stock Exchange
Ahlstrom in brief
Ahlstrom is a global leader in the development, manufacture and marketing of high performance fiber-based materials. Nonwovens and specialty papers, made by Ahlstrom, are used in a large variety of everyday products, e.g. in filters, wipes, flooring, labels, and tapes. The company has a strong market position in several business areas in which it operates, built upon the company's unique fiber expertise and innovative approach. Ahlstrom's 5,700 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2005, Ahlstrom's net sales amounted to EUR 1.55 billion. Ahlstrom's share is listed on the Helsinki Stock Exchange. The company website is www.ahlstrom.com.
The entire release includíng the terms and conditions of stock option programs I and II (2001) can be read via the link below.