arvonlisäysosuus

Arvonlisäysosuus is a type of preference share that exists in Finnish corporate law, allowing a company to increase its share capital by setting aside a certain amount for future use. This mechanism is mainly used to provide a means for the company to take on additional financing, while also maintaining control over the company's equity structure.

According to the Finnish Companies Act, a company can be granted a preference share with an uplift clause, which allows the company to increase its share capital at a later date. This is typically done when the company needs to raise additional funds or make acquisitions. The uplift clause is triggered by the board of directors, which declares the company's intention to increase the share capital within a specified timeframe.

The arvonlisäysosuus can be subscribed for by existing shareholders, new investors, or even the company itself. The price at which the new shares are subscribed is determined by the company's board of directors and must be approved by the general meeting of shareholders. The subscription price may be set at a later date, or it can be determined by a predetermined formula.

The arvonlisäysosuus provision is often used as a tool for companies to raise capital quickly and efficiently, without having to overhaul their existing corporate structure. It allows the company to remain flexible and responsive to changing business conditions, while also maintaining control over its equity. This provision is unique to Finnish corporate law and is not commonly found in other jurisdictions.