Conversion of A Shares to R Shares
(PRESS RELEASE) HELSINKI, 16-Jan-2023 — /EuropaWire/ — Stora Enso (HEL: STERV), a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper, has announced shares conversion. During the December 2022 conversion period, one conversion took place and a total of 4 A shares were converted into R shares. The shares were recorded in the Finnish trade register on January 16, 2023, and trading in the new R shares will begin on January 17, 2023.
The breakdown of shares after the conversion is 176,238,276 A shares and 612,381,711 R shares, for a total of 788,619,987 shares. Each A share and each ten R shares carry one vote, resulting in a total of at least 237,476,447 votes after the conversion.
For further information, please contact:
Head of Financial Communications
tel. +358 40 766 9452
SVP Investor Relations
tel. +46 70 210 7691
Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials, wooden construction and paper, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has approximately 22,000 employees and our sales in 2021 were EUR 10.2 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com/investors
SOURCE: STORA ENSO OYJ