Rights offering 2016
Sponda rights offering
On 29 February 2016, the Board of Directors of Sponda Plc, based on the authorisation granted by the Extraordinary General Meeting on 29 February 2016, resolved on a rights offering of EUR 220.8 million. All of the offered 56,615,092 shares were subscribed for in the rights offering. The subscription price was EUR 3.90 per share. As a result of the offering, the total number of shares in Sponda increased to 339,690,554 shares. The shares were registered with the Finnish Trade Register and in Sponda’s shareholder register on 1 April 2016. The rights offering was discussed in stock exchange releases dated 4 February 2016, 19 February 2016, 29 February 2016, 24 March 2016 and 31 March 2016.