Share subscriptions with year 2001 warrants
EXEL OYJ STOCK EXCHANGE ANNOUNCEMENT 22.5.2006 at 9.45 1 (1)
SHARE SUBSCRIPTIONS WITH YEAR 2001 WARRANTS
After the previous increase in the share capital registered on 5 April
2006, a total of 96,200 shares in Exel Oyj have been subscribed with
the A and B warrants attached to the warrant programme 2001. The
subscription price of the shares subscribed with A warrants is EUR
3.71 and EUR 3.46 for B warrants. The subscription period for the A
warrants began on 1 June 2002 and on 1 October 2003 for the B
warrants. The subscription period for both warrants ended on 30 April
2006.
The increase in the share capital, in total EUR 17,316 was registered
in the Finnish Trade Register on 22 May 2006. As a result of the
increase, the share capital of Exel Oyj is now EUR 2,141,431 and the
total number of shares is 11,896,843. Exel received a total of EUR
345,452 as shareholders equity.
The holders of the new shares are entitled to all shareholders rights
from the registration date. The new shares will be listed on Helsinki
Exchanges main list together with the old shares on 23 May 2006.
Mäntyharju, 22 May 2006
EXEL OYJ
Ari Jokelainen
President & CEO
Further information:
Mr Ari Jokelainen, President, Exel Oyj, tel. +358 50 590 6750
Mr Ilkka Silvanto, CFO, tel. +358 50 598 9553
Exel Oyj is a leading, international Group specialised in composite
technology, with a special focus on pultrusion, pull-winding and
continuous lamination. The Groups operations include design,
manufacturing and marketing of advanced composite products for
industrial applications and consumer goods. Exels most well-known
consumer products include cross-country, alpine and Nordic Walking
poles, floorball sticks, antenna radomes and other industrial
applications. In 2005 the Groups net sales totalled EUR 91 million.
Exel personnel averages 600. Exels share is listed on Helsinki Stock
Exchanges Main List.