UPM-Kymmene Corporation Stock Exchange Release 14 November 2013 at 09:50 EET
A total of 595,435 UPM-Kymmene Corporation new shares were subscribed for between 17 August 2013 and 31 October 2013 under the company's stock option rights 2007B. The entire subscription price of EUR 3,715,514.40 will be entered in the invested unrestricted equity reserve. As a result of the share subscriptions, the number of UPM's shares will increase to 529,300,397.
The shares subscribed for under the stock options were registered in the Trade Register on 14 November 2013, as of which date the new shares will establish shareholder rights.
Trading in the new shares will begin on NASDAQ OMX Helsinki on 15 November 2013.
The share subscription period for stock options 2007B started on 1 October 2011 and ended on 31 October 2013. A total of 55,491 stock option rights 2007B remained unexercised.
The terms and conditions of UPM's stock options 2007 with additional information are available on the company's website www.upm.com.
Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The Group employs around 22,000 people and our annual sales exceed € 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – www.upm.com