UPM-Kymmene Corporation Stock Exchange Release 13 November 2014 at 9:00 EET
A total of 1,585,318 UPM-Kymmene Corporation new shares were subscribed for between 26 July 2014 and 31 October 2014 under the company's stock option rights 2007C. The entire subscription price of EUR 16,629,985.82 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 533,735,699.
The shares subscribed for under the stock options were registered in the Trade Register on 13 November 2014, as of which date the new shares will establish shareholder rights.
Trading in the new shares will begin on NASDAQ OMX Helsinki on 14 November 2014.
The share subscription period for stock options 2007C started on 1 October 2012 and ended on 31 October 2014. A total of 67,698 stock option rights 2007C remained unexercised.
Following the expiration of the 2007 stock options, the company has no stock option program in place.
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