As indicated by its name, Metsä Group's mother company Metsäliitto Cooperative is a cooperative owned by its members. After paying their members’ capital shares, members may increase their holding by investing in Metsäliitto's additional shares. The cooperative pays interest on the shares according to the percentage decided on annually by the Representative Council.
The amount of the members’ capital share, which is a precondition for membership, is determined on the basis of the area of forest land owned and its location. A member may invest assets received from timber sales with Metsäliitto or share interest paid by Metsäliitto in A additional shares. The subscription is made in connection with the recording of timber sales. When using share interest, subscription takes place by notifying Metsäliitto’s contact person.
A member may invest in Metsäliitto’s B additional shares without restrictions. The investment does not have a minimum or maximum amount. C additional shares may be subscribed for by all members of Metsäliitto Cooperative whose members’ capital share is paid up and who have subscribed for A or B additional shares or who subscribe for new A or B additional shares within the subscription period. Additional information on investing in Metsäliitto cooperative is available on the site
www.paaomaohjelma.fi (in Finnish).
Metsä Board Corporation
Among the subsidiaries of Metsä Group, Metsä Board's A and B shares are listed on NASDAQ OMX Helsinki Stock Exchange and the bond loan of EUR 500 million, which falls due in 2013, is listed on the Irish Stock Exchange. Each A share gives an entitlement to cast twenty (20) votes at a shareholders’ meeting and each B share gives an entitlement to cast one vote. All shares give an entitlement to an equal dividend.