Orion applies for listing of its A-warrants on the Helsinki Exchanges

The Board of Directors of Orion Corporation has decided to apply for listing of all A-warrants, related to the Bond Loan with Warrants 1998, on the Helsinki Exchanges, so that the listing commences on 2 May 2001.

 

The total number of A-warrants is 1,581,600 and each A-warrant entitles its holder to subscribe for one (1) B-share in Orion Corporation. In the aggregate, the A-warrants entitle holders to subscribe for 1,581,600 B-shares in Orion Corporation. The shares can be subscribed with the A-warrants during 2 May 2001 - 30 April 2005. The subscription price is, in accordance with the Terms and Conditions of the Bond Loan with Warrants, EUR 28.91/share.

 

The dividends payable annually shall be deducted from the subscription price. In connection with the listing, all warrants, related to the Bond Loan with Warrants 1998, will be transferred to the book-entry system.

 

 

Orion Corporation

 

Jukka Viinanen

President and CEO

 

Henry Haarla

General Counsel

 

 

ENCL.

Terms and Conditions of the Bond Loan with Warrants 1998