Home breadcru News breadcru Company breadcru Ahlstrom BOD applies for listing of option rights of stock option programs

Ahlstrom BOD applies for listing of option rights of stock option programs

22 Nov '06
2 min read

The Board of Directors of Ahlstrom Corporation has decided to apply for the listing of the option rights of stock option program I a, b and c (2001) and stock option program II b and c (2001) on the Helsinki Stock Exchange starting on January 2, 2007. The listing application has been submitted today.

On September 26, 2001, the Extraordinary General Meeting of Shareholders of Ahlstrom Corporation decided on September 26, 2001 on two new stock option programs.

According to the original terms and conditions of the stock option programs, a maximum of 659,448 option rights of stock option program I (2001) and a maximum of 1,092,620 option rights of stock option program II (2001) can be issued.

A total of 23,318 shares have been subscribed with option rights.

In addition, subscription is pending with respect to 20,000 option rights. Listing is sought for 538,699 option rights of stock option program I (2001) and 520,172 option rights of stock option program II (2001).

Ahlstrom Corporation has annulled 649,879 option rights that were in the possession of the company's subsidiaries.

Each option right gives its holder the right to subscribe for one share in Ahlstrom Corporation. The current subscription price is EUR 9.22.

The nominal value of each Ahlstrom share is EUR 1.50. Shareholders shall be entitled to dividends and other rights carried by the shares after the increase of the share capital is registered with the trade register.

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