The conversion period of Stora Enso A shares into R shares (16-27 October 2000) resulted in 3,258 conversions, in which 14,454,732 Series A shares will be converted into R shares. The conversions are due to be recorded in the Finnish share register by 3 November 2000.
Breakdown of shares after conversion
A shares 194,496,456
R shares 732,726,810
Total 927,223,266
Following the conversions, Series A shares will be 21% of the total number of shares.