Stora Enso shares converted and North American stock options exercised
STORA ENSO OYJ Stock Exchange Announcement 17 October at 14.00
Stora Enso shares converted and North American stock options
exercised
During the 1 30 September 2005 conversion period there was one
conversion and a total of 10 000 A shares were converted into
R shares. The shares were recorded in the Finnish trade register
today, 17 October 2005, and trading in the new R shares will
start on 18 October 2005.
Breakdown of shares after conversion:
A shares 178 161 841
R shares 634 815 258
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
September 2005 a total of 869 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 24 376 911
For further information, please contact:
Ulla Paajanen-Sainio, Vice President, Investor Relations and
Financial Communications,
tel. +358 2046 21242
STORA ENSO OYJ
p.p. Jukka Marttila Veli-Matti Tahvanainen