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2009-09-08 09:00:00 CEST 2009-09-08 09:00:03 CEST REGULATED INFORMATION Componenta - Company AnnouncementThe Board of Directors of Componenta is preparing to strengthen the company's balance sheet and financial positionComponenta Corporation Stock Exchange Release 8.9.2009 at 10.00 The Board of Directors is preparing a share issue, on the basis of the authorization to be applied from the Extraordinary General Meeting to be held today. In this share issue, derogating from the pre-emptive right of the shareholders, approximately 6,000,000 new shares in the company would be offered for subscription by the company's shareholders, holders of the capital notes, and by professional clients referred to in Chapter 1, Section 4 in the Securities Market Act, for market price. The minimum subscription would be 1,000 new shares in the company. In the event of oversubscription, the shareholders would principally receive new shares in the proportion of the shareholding recorded in the shareholder register on the record date of the share issue. Furthermore, the Board of Directors of Componenta Corporation is preparing a five-year subordinated capital loan to be offered for subscription by public. The maximum amount of the capital loan would be EUR 30,000,000. The interest to be paid on the principal of the loan would be approximately 10%. The loan would not include a right to exchange shares. The minimum subscription would be EUR 10,000. The loan would be repaid in three equal-sized instalments in 2012, 2013 and 2014. The company intends to use the assets to be obtained with the share issue and the capital loan for strengthening the company's balance sheet and financial position. Helsinki 8 September 2009 COMPONENTA CORPORATION Heikki Lehtonen President and CEO Further information: Heikki Lehtonen President and CEO tel. +358 10 403 00 Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 681 million in 2008. The Group employs approx. 3,800 people. Componenta's shares are quoted on the NASDAQ OMX Helsinki. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers who are manufacturers of vehicles, machines and equipment. Componenta Corporation Panuntie 4 FI-00610 Helsinki , Finland Tel. +358 10 403 00 Fax +358 10 403 2721 www.componenta.com |
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