TECHNOPOLIS PLC STOCK EXCHANGE RELEASE 3.1.2007 at 8.00 a.m.
TECHNOPOLIS PLC CONTEMPLATES SHARE ISSUE DIRECTED TO INSTITUTIONAL
INVESTORS; RECEIPT OF SUBSCRIPTION UNDERTAKINGS WILL COMMENCE ON 3
The Board of Directors of Technopolis Plc (Company) has decided to
receive subscription undertakings related to the share issue
contemplated by the Company. In the share issue, the Company’s
shares will be offered to a limited number of Finnish and
international institutional investors. The maximum number of new
shares to be offered for subscription is 688,000 shares.
Background to share issue
The purpose of the share issue is to finance the investments in
accordance with the Company’s investment plan, secure the
Company’s growth and maintain the Company’s liquidity.
The share issue is intended to be implemented on the basis of an
authorisation granted to the Company’s Board of Directors on 24
March 2006 by the Annual General Meeting of Shareholders of the
Company. According to such authorisation, the share issue may take
place in deviation from the shareholders’ pre-emptive subscription
Implementation of share issue
The share issue will be implemented through a book-building
process where subscription undertakings for the new shares may be
made by selected institutional investors. The book-building will
commence on 3 January 2007 at 9.00 a.m. (Finnish time) and end no
later than 5 January 2007 at 18.30 p.m. (Finnish time), after
which the Board of Directors of the Company will make the final
decision on the implementation of the share issue. In the event of
oversubscription, the share issue may be discontinued prematurely.
Trading in the new shares together with the other shares in the
Company will commence on the Exchange List of the Helsinki Stock
Exchange on or about 11 January 2007.
The new shares will correspond to approximately 1.7 percent of the
Company's share capital and votes attached to the shares before
the implementation of the share issue, provided that the share
issue is subscribed in full.
The sole manager of the share issue is Evli Bank Plc, Corporate
Oulu, 3 January 2007
Board of Directors
For further information, please contact:
Pertti Huuskonen, President and CEO, tel. +358 400 680 816 or
+358 8 551 3213
Helsinki Stock Exchange
Main news media
THESE MATERIALS ARE NOT AN OFFER FOR SALE OF THE SHARES IN THE
UNITED STATES OR IN ANY OTHER JURISDICTION. THE SHARES MAY NOT BE
SOLD IN THE UNITED STATES WITHOUT REGISTRATION OR AN EXEMPTION
FROM REGISTRATION UNDER THE U.S. SECURITIES ACT OF 1933, AS
AMENDED. TECHNOPOLIS PLC DOES NOT INTEND TO REGISTER ANY PORTION
OF SUCH OFFERING IN THE UNITED STATES OR TO CONDUCT A PUBLIC
OFFERING OF SHARES IN THE UNITED STATES.