Ixonos - Company Announcement

Preliminary results of Ixonos' rights offering

Ixonos Plc          Stock Exchange Release          24 June 2010 at 9:30


PRELIMINARY RESULTS OF IXONOS' RIGHTS OFFERING

The subscription period for Ixonos' rights offering of approximately EUR 6.1
million ended on 23 June 2010. A total of approximately 5.32 million new shares
were offered for subscription in the rights offering. Preliminarily, a total of
approximately 6.70 million shares were subscribed for in the rights offering,
representing a total subscription level of 126%. Due to the oversubscription,
the underwriting commitments will not be utilized. 

Of the total shares offered, approximately 96.4% were subscribed for with
subscription rights and the remainder without subscription rights. In
accordance with the terms and conditions of the rights offering, the company's
Board of Directors shall determine the allocation of shares subscribed for
without subscription rights to the shareholders registered in the company's
shareholder register on the record date that subscribed for shares also
pursuant to subscription rights. If the offering is oversubscribed by such
subscribers, the allocation among such subscribers shall be determined in
proportion to the number of subscription rights exercised by subscribers for
subscription of shares and, where this is not possible, by the drawing of lots. 

The final outcome of the rights offering is expected to be announced on or
about 30 June 2010. 

Trading in interim shares representing the new shares will commence on the
NASDAQ OMX Helsinki today, 24 June 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. Trading in the new shares together with the existing
shares is expected to commence on or about 2 July 2010. 

Pohjola Corporate Finance Ltd acted as a Lead Manager for the rights offering.

IXONOS PLC
Timo Leinonen
Chief Financial Officer

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


Distribution:
NASDAQ OMX Helsinki
Main media