Fin | Eng | Swe

Summary of press releases published in June concerning the transfer of Elisa Corporation shares to Solidium Oy


On 11 June 2009, the State of Finland transferred all of its 16,006,000 Elisa Corporation shares, which correspond to 9.62% of Elisa’s share capital, to Solidium Oy as a contribution in kind. The transfer value of the Elisa shares equalled the closing price in public trading on 11 June 2009 on NASDAQ OMX Helsinki: €10.84 per share. As a result of the transfer, Solidium’s shareholders’ equity was increased by a sum equal to the total market value of the shares: €173,505,040.

Following the transfer, Solidium increased its holding in Elisa Corporation to 10.0% on 16 June 2009 by acquiring 625,000 shares in public trading.

(Source: Press release issued by the Prime Minister’s Office on 12 June 2009 and Elisa Corporation’s flagging notification on 17 June 2009)