Share Capital

Share Capital of Stockmann plc 30 June 2016:

Series A 30  530 868 à EUR 2 = EUR 61  061 736
Series B 41 517 815 à EUR 2 =  EUR 83 035 630
Total 72 048 683 à EUR 2 = EUR 144 097 366

 

The share capital of Stockmann plc is divided into Series A and Series B shares. The minimum number of Series A shares is 18 000 000 and the maximum number is 80 000 000 and the minimum number of Series B shares is 18 000 000 and the maximum number is 100 000 000.

According to the Articles of Association Stockmann's minimum share capital is seventy-five million (75 000 000) euros and its maximum share capital is three hundred million (300 000 000) euros, within which limits the share capital can be raised or lowered without amending the Articles of Association.

Series A shares carry ten votes and Series B shares one vote. The par value of both series of shares is EUR 2.00 and the shares of both series entitle their holders to an equal dividend. The company's shares are in the book-entry system and they are listed on OMX Nordic Exchange Helsinki. The trading code for the Series A share is STCAS and for the Series B share STCBV.

A Series A Share can be converted to a Series B Share upon the demand of a shareholder provided that the conversion can take place within the limits of the minimum and maximum amounts of the share series.

Obligation to exercise a pre-emptive purchase of shares

A two-tier provision concerning the obligation to exercise a pre-emptive purchase of shares is written into the Articles of Association. A shareholder whose proportion of all the company's shares or the number of votes conferred by the shares reaches or exceeds 33 1/3 per cent is liable, at the demand of the other shareholders, to purchase their shares and the securities which according to the Companies Act give title to them. If a previous pre-emptive purchase offer has not led to the pre-emptive purchase of all the company's shares, the shareholder shall make a new pre-emptive purchase offer when the shareholder's proportion of all the company's shares or the votes conferred by the shares reaches or exceeds 50 per cent.

Share capital 31 December, EUR mill.

 2003

 2004

 2005

 2006

 2007

 2008

2009

2010

2011 2012 2013 2014 2015

 105.3

 106.8

 109.0

 111.7

 112.2

 123.4

142.2

142.3

143.7 144.1 144.1 144.1 144.1