EXEL OYJ STOCK EXCHANGE ANNOUNCEMENT 5.4.2006 at 16.00 1 (1)
INCREASE IN SHARE CAPITAL OF EXEL OYJ REGISTERED IN THE FINNISH TRADE
REGISTER
The increase in the share capital of Exel Oyj with EUR 41,533 to EUR
2,124,115 has been registered in the Finnish Trade Register today 5
April 2006. The increase in share capital has been subscribed by
Lemarne Corporation Ltd and it is a part of the payment of the
purchase price of Pacific Composites Pty. Ltd realized at the end of
February. The increase in share capital was carried out by virtue of
authorization given by the Annual General Meeting to the Board of
Directors on 14 April 2005.
As a result, Exel Oyjs share capital is EUR 2,124,115 after the
increase and the total number of shares is 11,800,643. Exel received a
total of EUR 2,788,968 as shareholders equity.
The holders of the new shares are entitled to all shareholders rights
from the registration date. The new shares will be listed on Helsinki
Stock Exchanges Main list together with the old shares on 6 April
2006.
Mäntyharju, 5 April 2006
EXEL OYJ
Ari Jokelainen
President & CEO
Further information:
Mr Ari Jokelainen, President, Exel Oyj, tel. +358 50 590 6750
Exel Oyj is a leading, international Group specialised in composite
technology, with a special focus on pultrusion, pull-winding and
continuous lamination. The Groups operations include design,
manufacturing and marketing of advanced composite products for
industrial applications and consumer goods. Exels most well-known
consumer products include cross-country, alpine and Nordic Walking
poles, antenna radomes and other industrial applications. In 2005 the
Groups net sales totalled EUR 91 million. Exel personnel averages
600. Exels share is listed on Helsinki Stock Exchanges Main List.