Rautakirja Oyj's merger into SanomaWSOY Corporation has come into force and the implementation has been registered on 1 March 2003. Rautakirja Oyj has been dissolved.
Rautakirja shareholders will receive a merger consideration of 5.3 new SanomaWSOY B-shares for each Rautakirja A- or B-share. The SanomaWSOY shares to be given as merger consideration have been distributed to Rautakirja shareholders and can be traded at Helsinki Exchanges as from today.
A cash consideration for the fraction of the shares will be paid on 5 March 2003. The cash consideration will be a fraction of EUR 9.21. The cash consideration shall be calculated on the basis of the trade weighted average price quoted for Rautakirja A- and B-shares at Helsinki Exchanges between 21 November 2002 and 21 February 2003, i.e. EUR 48.79.
SANOMAWSOY CORPORATION
Raija Kariola
Vice President
Investor Relations and Group Communications
DISTRIBUTION
Helsinki Exchanges
Principal media