Ixonos - Company Announcement

Final outcome of Ixonos' rights offering

Ixonos Plc          Stock Exchange Release          30 June 2010 at 14:30


FINAL OUTCOME OF IXONOS' RIGHTS OFFERING

The final outcome of Ixonos Plc's rights offering shows that 5 131 808 shares,
representing 96.4% of the total number of shares offered, were subscribed for
with subscription rights. The remaining 189 957 shares were subscribed for
without subscription rights. The total amount of the subscriptions made was
126.5 % of the offered shares. 

The Board of Directors of Ixonos have today approved all the subscriptions made
pursuant to subscription rights and the subscriptions made without subscription
rights in accordance with the terms and conditions of the offer. Due to the
over-subscription of the offering, the allocation of the shares subscribed for
without subscription rights was determined in proportion to the exercised
subscription rights among the subscribers that were registered in the Ixonos'
shareholders' register on the record date of the offering on 4 June 2010 and
exercised subscription rights, according to the terms and the conditions of the
rights offering. A notification will be sent on or about 2 July 2010 to confirm
the allotment of new shares to subscribers having subscribed for the new shares
without subscription rights. The subscription price will be returned to the
investors on or about 1 July 2010 to the extent that investor's subscription
for without subscription rights exceeds the allotted amount of the offer
shares. 

Interim shares representing the new shares will be traded on NASDAQ OMX
Helsinki until 1 July 2010. All shares subscribed for in the rights offering
are expected to be registered with the Finnish Trade register on or about 1
July 2010, after which the interim shares will be combined with Ixonos'
existing shares and shares subscribed for without subscription rights will be
registered to the book entry accounts. Trading in the new shares alongside the
existing shares is expected to commence on or about 2 July 2010. 
As a result of the rights offering, the number of Ixonos' shares will increase
by 5 321 765 shares to 14 634 854 shares. The total net proceeds of the rights
offering will amount to approximately EUR 5.6 million. 
On 1 June 2010 the Board of Directors of Ixonos have resolved to amend the
subscription ratio and price of the option rights 2006A and 2006B as described
in the securities note relating to the rights offering. The amendments come
into effect on the day they are registered into trade register, on or about 1
July 2010. 
Pohjola Corporate Finance Ltd acted as the Lead Manager for the rights offering.

IXONOS PLC
Board of Directors

For more information, please contact: 
Ixonos Plc, Timo Leinonen, CFO, tel. +358 400 793 073, timo.leinonen@ixonos.com


Distribution:
NASDAQ OMX Helsinki
Main media

Attachments:

ixonos_final_outcome_stock_release_20100630.pdf