Prospectus approved concerning the rights issue resolved by Incap Corporation on 25 May 2015

Incap Corporation  
Stock Exchange Release           25 May 2015 at 2.45 pm (EET)

PROSPECTUS APPROVED CONCERNING THE RIGHTS ISSUE RESOLVED BY INCAP CORPORATION ON 25 MAY 2015

The information in this stock exchange release is not intended to be disclosed or distributed, directly or indirectly partly or in whole, in Australia, Canada, Hong Kong, Japan, New Zealand, Singapore South Africa  or in the United States or in any other country where the disclosure or distribution of this stock exchange release would be contrary to law. 

The Financial Supervisory Authority has today approved the prospectus drafted in accordance with the Finnish Securities Markets Act (746/2012, as amended) related to the rights issue resolved by the Board of Directors of Incap Corporation (the "Company") on 25 May 2015. In the rights issue the Company offers based on the pre-emptive subscription right of its shareholders in maximum 109,114,035 new shares in the Company for subscription. The Company has disclosed the terms and conditions for the rights issue in their entirety earlier today by a stock exchange release.

The prospectus includes certain previously non-disclosed information, which according to the Company may have a material impact on the value of its securities. Such information is as follows:

• The return on equity presented from the year 2014 is 55.8 per cent in the Company's key ratios in the prospectus (previously announced 15.4 per cent) and from the year 2013 it is 689.5 per cent (previously announced 725.7 per cent). The change is based on the change of the formula used in the calculation of the key ratio taking into account both the continuing and discontinued operations;
• The return on investment presented from the year 2014 is 14.9 per cent in the Company's key ratios in the prospectus (previously announced 11.2 per cent) and from the year 2013 it is -30.4 per cent (previously announced -33.6 per cent). The change is based on the change of the formula used in the calculation of the key ratio taking into account both the continuing and discontinued operations;
• Compared to the information included in the Financial Statements of the Company on 31 December 2014, the following changes have taken place in the debt position of the Company during 1 January 2015 and 30 April 2015: