ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE Dec, 14 2004 at 11:45 AM 1(2)
EXTRAORDINARY GENERAL MEETING OF ASPOCOMP GROUP OYJ ON DECEMBER 14, 2004
Extraordinary General Meeting of Aspocomp Group Oyj on December 14, 2004
approved the Board’s proposal concerning the company’s share capital be
increased by a bonus issue of EUR 10,041,026 to EUR 20,082,052.
In the bonus issue, one (1) existing share will entitle its holder to receive
one (1) new bonus share without consideration. A total number of 10,041,026
bonus shares will be issued. The counter value for each of the share is EUR
The record date for the bonus issue is 17 December 2004. The bonus shares
will be entered into the book-entry account of the shareholder on or about 20
December 2004 provided that the increase of share capital has been recorded
in the Trade Register.
The bonus shares will entitle their holders to full dividend rights from the
financial period beginning 1 January 2004 and will provide for other shareholder
rights in the company from the date of registration of the increase of the share
The Board’s proposal of the bonus issue has been published by a stock exchange
release on November 25, 2004.
Under the terms and conditions of the 1999 stock option scheme, the proportional
amount of the shares to be subcribed with the option rights shall remain
unchanged in connection with a bonus issue. Consequently, the terms and
conditions of the option-rights have consequential to the bonus issue been
amended so that each option right shall entitle the holder to subscribe for two
shares in Aspocomp Group Oyj instead of one share. The share subscription price
as determined under the terms and conditions of the option scheme will be
divided by two.
For further information, please contact CEO Maija-Liisa Friman,
tel. +358 9 7597 0711.
ASPOCOMP GROUP OYJ
President and CEO
Aspocomp: Innovative interconnection solutions for the electronics industry
The Aspocomp Group offers and develops innovative interconnection solutions for
the electronics industry in close cooperation with its customers. We hold a
strong and recognised position as a supplier of mobile data terminal equipment
components and we aim to further strengthen our position as a supplier to the
automotive industry and data communications networks. We offer our global
customers a fast road to mass production through flexible and cost-effective
adaptation of new technologies, to which our balanced production structure in
Europe and Asia is well adapted.
We strive to offer solutions to our customers that enable increased flexibility
in their own product development. Our belief is that this advantage will bear
increasing significance for our customers as end product lifecycles continue to
The Aspocomp Group’s production facilities are located close to its customers in
Finland, China and Thailand. In 2003 Group turnover stood at around 180 million
euros with a staff of some 3,500.
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