ATRIA GROUP PLC'S SHARE ISSUE SUBSCRIBED
ATRIA GROUP PLC STOCK EXCHANGE RELEASE 15 DEC. 2003 AT 10.00 A.M.
ATRIA GROUP PLC'S SHARE ISSUE SUBSCRIBED FOR IN FULL
The subscription period for the share issue based on shareholders' pre-emptive
subscription rights, in accordance with the resolution passed by an
extraordinary general meeting of Atria Group plc on 11 November 2003, ended on
12 December 2003. On the basis of the primary subscription rights, over 99 per
cent of the shares offered in the share issue were subscribed for. The amount of
subscriptions made on the basis of the secondary subscription rights exceeded
the number of shares offered. About 5,500 investors subscribed for shares in the
share issue.
The Board of Directors of Atria Group plc has accepted the subscriptions made in
the share issue on the basis of the primary subscription rights. The new shares
subscribed for on the basis of the primary subscription rights will be admitted
to public trading on the Main List of Helsinki Exchanges as an separate class of
shares as from 15 December 2003.
The amount of subscriptions made on the basis of the secondary subscription
rights exceeded the number of shares offered. The shares will be allotted
amongst the shareholders subscribing for them in proportion to their
shareholdings on the record date, 14 November 2003. Details of the allotment of
shares on the basis of the secondary subscription rights will be released on 18
December 2003.
As a consequence of the share issue, Atria's share capital will be raised by EUR
8,964,409.40. Following the registration of the new shares, the company's share
capital will be EUR 35,857,637.60, which is divided into 11,888,747 Series A
shares and 9,203,981 Series KII shares. The share capital increase will be
entered in the Trade Register on or about 22 December 2003, at which time the
shares subscribed for on the basis of the primary subscription rights will cease
to be listed as a separate share class on Helsinki Exchanges. The new shares
will be listed together with the existing shares beginning on or about 23
December 2003.
The new shares entitle their shareholders to a full dividend as from the
financial year commencing on 1 January 2003. The shares will confer the other
rights in the company as from registration of the increase in share capital.
ATRIA GROUP PLC
Seppo Paatelainen
President
DISTRIBUTION
Helsinki Exchanges
Principal media