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2009-10-22 07:30:00 CEST 2009-10-22 07:30:01 CEST REGULATED INFORMATION Tiimari Oyj Abp - Company AnnouncementTiimari Plc's convertible capital loan was oversubscribedTIIMARI PLC STOCK EXCHANGE RELEASE 22 OCTOBER 2009 at 08.30 TIIMARI PLC'S CONVERTIBLE CAPITAL LOAN WAS OVERSUBSCRIBED Tiimari Plc has issued a 4.980.000 convertible capital loan in accordance with the decision taken by the general meeting on 19th October 2009. The loan was oversubscribed and the board has decided on the allocation of the loan. The oversubscription was reduced from the subscriptions of the parties that had given the subscription guarantee. The terms of the loan are in accordance with the decision taken by the general meeting: the annual interest rate of the loan is 8 %, the interest is paid annually on 31st March, the loan amount is due 29th March 2013 and is exchangeable to shares from 30th October 2009 to 15th March 2013 with an exchange of approximately 1.4746 euros per share. On the basis of the loan, the amount of company shares could rise by a maximum of 3.377.173 shares. Helsinki 22nd October 2009 TIIMARI PLC Further information: CFO Maija Elenius tel. + 358 (0)3 812911, e-mail maija.elenius@tiimari.fi Distribution: NASDAQ OMX Helsinki important news media www.tiimari.com Tiimari Plc shares are listed at Nasdaq OMX Helsinki Plc. The Group comprises two retail shop concepts, Tiimari and Gallerix. The concepts operate nearly 300 shops in seven countries within the Baltic Sea region. Both concepts belong to the forerunners within their business segments. |
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