Subscription of Wärtsilä shares based on 1994 convertible subordinated debentures

Wartsila Corporation
  • Stock exchange release
1 July 2002 at 3:01 AM FLE Standard Time

Wärtsilä Corporation STOCK EXCHANGE ANNOUNCEMENT 1.7.2002

Altogether 310 new series A shares and 8,866 new series B shares were subscribed between 1 June and 30 June 2002 in exchange for convertible subordinated debentures floated by Wärtsilä Corporation in 1994, representing altogether EUR 124,459.07 of the loan capital.