Stock Exchange Release
STONESOFT CORPORATION IS PREPARING A DIRECTED SHARE ISSUE OF A MAXIMUM NUMBER OF 5.700.000 SHARES FOR A LIMITED NUMBER OF DOMESTIC INVESTORS
Stonesoft Corporation Stock Exchange Release 17 March 2010 at 10.05 am
The Board of Directors of Stonesoft Corporation has decided to
start preparing a directed share issue for a limited number of experienced and professional
domestic investors. In the share issue, a maximum number of 5.700.000 new shares are offered for
subscription, which corresponds to a maximum of 9.95 percent of all the shares in the company and
the voices attached to said shares prior to implementing the share issue.
The share issue is to be implemented based on the authorization to issue new shares granted
to the Board of Directors of Stonesoft Corporation by the Annual General Meeting of Shareholders on
26 March 2009.
The purpose of the share issue is to strengthen the company’s capital structure and to ensure
the positive development according to the company’s strategy and growth plan.
The share issue will be implemented through a so-called accelerated book building process
where bids and subscription undertakings for the new shares may be made by selected domestic
investors. Receipt of bids and subscription undertakings will commence on 17 March 2010 at 10.00 am
and end no later than 19 March 2010 at 2.00 pm, after which the Board of Directors of the company
will make a final decision on the implementation of the share issue. In the event of
oversubscription, the book building process may be prematurely discontinued no earlier than 18
March 2010 at 3.00 pm.
Trading of the new shares on the NASDAQ OMX Helsinki Stock Exchange with the other shares of
the company is expected to commence on or about 24 March 2010.
The company’s major shareholders Ilkka Hiidenheimo and Hannu Turunen have provided
underwriting undertakings to the company, according to which they will subscribe for shares in the
share issue on certain conditions at the total value of maximum three (3) million Euros. The number
and price of the shares possibly subscribed for based on the underwriting undertakings are
determined by the result of the book building and its pricing. Based on this, the company’s Board
of Directors may decide to direct the shares possibly not subscribed for to the above-mentioned
underwriters for subscription.
The manager of the share offering is Evli Bank Plc, Corporate Finance.
Helsinki, 17 March 2010
STONESOFT CORPORATION
Board of Directors
Ilkka Hiidenheimo, CEO, Stonesoft Corporation
Tel. +358 9 476 711
E-mail: ilkka.hiidenheimo@stonesoft.com
Distribution:
OMX Nordic Exchange Helsinkiwww.stonesoft.com
This release is not for publication, release or distribution, directly or indirectly, either in full or partially, in or into the United States, Canada, Australia, Japan or any other jurisdiction in which the same would be unlawful. This release is not a direct or indirect offer of securities in the United States, Canada, Australia, Japan or any other jurisdiction in which the same would be unlawful or would require prospectus, any related registration or any other actions according to applicable rules of that jurisdiction. Securities may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. Stonesoft Corporation has not registered, and does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States.
This release does not constitute an offer of any securities in the United Kingdom. No prospectus has been approved nor will be applied for approval or be approved for publication in the United Kingdom and hence, this release shall not cover offering of securities in the United Kingdom.
Wednesday, March 17, 2010
