The shares issued in Wärtsilä’s free share issue entered in trade register
A total of 394,482,260 new shares issued in the free share issue decided upon in Wärtsilä Corporation’s Annual General Meeting on 8 March 2018 have today been entered in the trade register. The objective of the free share issue is to enhance the liquidity of the company’s share. The free share issue applies the pre-emptive right of the shareholders, so that for each old share two new shares will be issued. Thereby, the total number of Wärtsilä shares after the share issue will be 591,723,390. All shares will give equal shareholder rights. The free share issue will be executed in the book-entry system and does not require any actions by the shareholders. The new shares generate shareholder rights as of today, and will become traded publicly as of 13 March 2018.
For further information, please contact:
Executive Vice President, Corporate Relations and Legal Affairs
Tel. +358 10 709 5609
Director, Investor & Media Relations
Tel: +358 10 709 5637
Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2017, Wärtsilä’s net sales totalled EUR 4.9 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.