Subscription of Wärtsilä shares based on 1994 convertible subordinated debentures

Wartsila Corporation
  • Stock exchange release
4 June 2002 at 3:01 AM E. Europe Standard Time

Wärtsilä Corporation STOCK EXCHANGE ANNOUNCEMENT 4.6.2002

Altogether 372 new series A shares and 4,092 new series B shares were subscribed between 1 May and 31 May 2002 in exchange for convertible subordinated debentures floated by Wärtsilä Corporation in 1994, representing altogether EUR 60,547.65 of the loan capital.