SanomaWSOY Corporation's share capital has increased by EUR 1,498,301.03 corresponding to 3,484,421 shares due to 10,796 shares subscribed with 2001A stock options and 10,426 shares subscribed with 2001B stock options, as well as convertible capital note conversion. A total of 5,510 notes of SanomaWSOY's convertible capital notes were converted into 3,463,199 shares.
The increase of share capital was entered into the Trade Register on December 21, 2006 and the trading with the new shares begins on December 22, 2006.
In 2006, the conversion period of the SanomaWSOY convertible capital notes ended on November 30, 2006. The conversion period for 2007 begins on January 2, 2007. The imputed conversion price of a share is EUR 15.91. A fixed annual interest of 5.25% is payable on the notes and the last interest payment will be made on the maturity date, i.e. July 4, 2007.
When issued, the loan totalled EUR 200 million. After the conversion, the loan amounts to EUR 2.4 million. SanomaWSOY's convertible capital notes converted into the new shares entitle their holders to a dividend for the first time for the financial year during which the conversion has taken place. Other shareholder rights commence from the date on which the increase in share capital is entered into the Trade Register.
Different from the convertible capital loan, for the new shares subscribed with stock options, all shareholder rights commence from the date on which the increase in share capital is entered into the Trade Register.
In total, SanomaWSOY's share capital increased from EUR 69,433,231.76 to EUR 70,931,532.79, and the number of shares increased from 161,472,632 to 164,957,053 after the stock option subscription and convertible capital notes conversion.
SanomaWSOY announced the Warrant Scheme 2001 on January 31, 2002.
SanomaWSOY informed about the previous share conversion with 2001 stock options as well as conversion of the capital notes on November 9, 2006.
Additional information: SanomaWSOY's Group Communications, tel. +385 105 19 5062 or email@example.com
Senior Vice President
Finance and Administration
Helsinki Stock Exchange