TAMFELT CORP. STOCK EXCHANGE RELEASE September 3, 2009 at 1.45 p.m. TAMFELT CORP.'S AMENDMENTS TO THE ARTICLES OF ASSOCIATION, COMBINATION OF SHARE SERIES AND DIRECTED FREE SHARE ISSUE ENTERED INTO THE TRADE REGISTER A total of 2,529,799 new shares issued in Tamfelt Corp.'s directed free share issue have been entered into the Trade Register on 3 September 2009. Shareholders have full rights to these new shares as of the moment they are registered. In connection with the combination of the share series, the Extraordinary General Meeting of Tamfelt has on 31 August 2009 decided on a free share issue to the holders of common shares in such a way that, deviating from the pre-emptive rights of the shareholders, holders of common shares would receive one (1) new share free of charge for each four (4) common shares. As a result of the combination of the share series and the directed free share issue, the holders of four (4) common shares will hold five (5) shares in the Company. The new shares issued in the directed free share issue will be recorded in the book-entry accounts of the shareholders entitled to the shares on the basis of their registration and will become traded publicly as of 4 September 2009. The trading code for Tamfelt shares as of 4 September 2009 is TAF1V and each share carries one vote and has equal rights. To the extent that the number of common shares held by the holder of common shares is not divisible by four (4), on the record date of the combination of share series, the shares to be formed on the basis of the fractions will be sold by Nordea Bank Finland Plc for the account of the holders of common shares whose number of common shares is not divisible by four (4). The shares will be sold on 4 September 2009 in public trading arranged by NASDAQ OMX Helsinki Ltd and the price will be determined in accordance with the prevailing trading price. Nordea Bank Finland Plc will declare the funds from the sales of these shares approximately 10 September 2009 and the funds will be deposited in the cash accounts connected with the book-entry accounts of the shareholders approximately 11 September 2009. At the same time, the amendments to the Articles of Association and the combination of the share series have been entered into the Trade Register. As a result of the directed free share issue and the combination of the share series, the total number of Tamfelt Corp.'s shares is 30,093,763. The directed free share issue has no effect on the share capital of the Company. The Board of Directors has on 3 September 2009 decided to amend the terms and conditions of the Stock Option Program 2005 so that on the basis of stock options, the stock option holder is entitled to subscribe for the share series the Company has after the combination of the shares. The share subscription price, number of stock options and number of shares to be subscribed for with stock options will remain unchanged. Tampere 3 September 2009 TAMFELT CORP. BOARD OF DIRECTORS Hanna Koskela Communications Officer DISTRIBUTION NASDAQ OMX Helsinki Ltd Main media www.tamfelt.com Tamfelt is a world-leading supplier of technical textiles. The company's main products are clothing products for the paper and pulp as well as mining and chemical industries. The Group employs about 1,400 people and its net sales in 2008 were 165.0 million euro. Founded in 1797, the company is one of the pioneers of Finnish industry.
TAMFELT CORP.'S AMENDMENTS TO THE ARTICLES OF ASSOCIATION, COMBINATION OF SHARE SERIES AND DIRECTED FREE SHARE ISSUE ENTERED INTO THE TRADE REGISTER
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