INCREASE IN HK RUOKATALO?S SHARE CAPITAL
HK Ruokatalo Oyj STOCK EXCHANGE ANNOUNCEMENT 26 Feb 2003 at 10.30am
INCREASE IN HK RUOKATALOS SHARE CAPITAL REGISTERED
The increase in share capital resulting from the private placing
executed by HK Ruokatalo Oyj has today been entered in the Finnish
Trade register. The increase was EUR 109,335.50 and the companys
share capital rose from EUR 42,814,160.00 to EUR 42,923,495.50.
Share capital by share class before the increase
No. of shares % No. of votes %
A Shares 19,784,800 78.56 19,784,800 15.48
K Shares 5,400,000 21.44 108,000,000 84.52
Total 25,184,800 100.00 127,784,800 100.00
Share capital by share class subsequent to the increase
No. of shares % No. of votes %
A Shares 19,849,115 78.61 19,849,115 15.53
K Shares 5,400,000 21.39 108,000,000 84.47
Total 25,249,115 100.00 127,849,115 100.00
Each A Share conveys one (1) vote. K Shares are not listed and each K
Share conveys 20 votes. All shares have a nominal value of EUR 1.70.
The 64,315 new A Shares issued in conjunction with the increase in
share capital convey the same dividend and other shareholder rights as
existing A Shares do. The first dividend is payable on new A Shares
for the year 2002. The new A Shares will be traded on the Main List of
the Helsinki Exchanges together with existing HK Ruokatalo A Shares
from 27 February 2003. The Finnish Financial Supervision Authority
has, on 14 February 2003, granted HK Ruokatalo permission (No.
8/271/2003) to not publish an offering circular in connection with
this increase in share capital.
The private placing related to a deal in which HK Ruokatalo increased
its 85 per cent holding in slaughterhouse Helanderin Teurastamo Oy to
100 per cent.
HK Ruokatalo Oyj
Simo Palokangas
Chief executive officer
DISTRIBUTION:
Helsinki Exchanges
Internet: www.hk-ruokatalo.fi