Stora Enso shares converted and North American stock options exercised
STORA ENSO OYJ Stock Exchange Announcement 15 June 2005 at 12.00
Stora Enso shares converted and North American stock options
exercised
During the 30 April31 May 2005 conversion period there was one
conversion and a total of 704 A shares were converted into
R shares. The shares were recorded in the Finnish trade register
today, 15 June 2005, and trading in the new R shares will start
on 16 June 2005.
Breakdown of shares after conversion:
A shares
178 618 796
R shares
634 358 303
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 May 2005
a total of 5 819 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
26 700
R shares
19 937 084
For further information, please contact:
Ulla Paajanen-Sainio, Vice President, Investor Relations and
Financial Communications, tel. +358 2046 21242
STORA ENSO OYJ
p.p. Anu Vesmanen Jukka Marttila