Stonesoft - Company Announcement

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


STONESOFT CORPORATION IS PREPARING A DIRECTED SHARE ISSUE OF A MAXIMUM NUMBER OF
5.700.000 SHARES FOR A LIMITED NUMBER OF DOMESTIC INVESTORS

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 Helsinki
www.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.





[HUG#1394763]

Bifogade filer:

Directed Share Issue.pdf