Stora Enso shares converted and North American stock options exercised
STORA ENSO OYJ Stock Exchange Announcement 15.11.2005 at 11.00
Stora Enso shares converted and North American stock options
exercised
During the 131 October 2005 conversion period there were two
conversions and a total of 83 A shares were converted into
R shares. The shares were recorded in the Finnish trade register
today, 15 November 2005, and trading in the new R shares will
start on 16 November 2005.
Breakdown of shares after conversion:
A shares 178 161 758
R shares 634 815 341
Total 812 977 099
Stora Enso North America Option Programme
Following the acquisition of Consolidated Papers, Inc. the Board
of Directors decided to convert the Consolidated Papers share
option plans into Stora Enso share option plans. During October
2005 a total of 1 223 R shares were subscribed against North
American stock options. These R shares were previously held by
the Company.
After the subscription the Company holds:
A shares 38 600
R shares 24 375 688
For further information, please contact:
Ulla Paajanen-Sainio, Vice President, Investor Relations and
Financial Communications,
tel. +358 2046 21242
STORA ENSO OYJ
p.p. Jussi Siitonen Jukka Marttila