Stora Enso shares converted and North American stock options exercised
STORA ENSO OYJ Stock Exchange Announcement 15 February 2007 at 10.00
Stora Enso shares converted and North American stock options
exercised
During the 131 January 2007 conversion period there were two
conversions and a total of 450 A shares were converted into
R shares. The shares were recorded in the Finnish trade register
today, 15 February 2007, and trading in the new R shares will
start on 16 February 2007.
Breakdown of shares after conversion:
A shares 178 102 667
R shares 611 435 832
Total 789 538 499
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 January
2007 a total of 1 650 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 -
R shares 950 977
For further information, please contact:
Ulla Paajanen-Sainio, Vice President, Investor Relations and
Financial Communications, tel. +358 2046 21242
www.storaenso.com
www.storaenso.com/investors
STORA ENSO OYJ
Jyrki Kurkinen Ulla Paajanen-Sainio