71.  That would have left existing shareholders, and the bondholders, with only a small stake in the company.

72.  The bank will take advantage of a new law enabling it to sell the shares without offering them first to existing shareholders.

73.  The bank will take advantage of a new law enabling them to sell the shares without offering them first to existing shareholders.

74.  The bonds will either be Euroconvertible debentures earmarked for foreign institutions or debentures with attached warrants sold to existing shareholders, said spokeswoman Mihaela Stanescu.

75.  The company later denied that it would sell new Hopewell shares to existing shareholders to help pare its debt.

76.  The company said the proceeds from the sale will be used to repay all existing shareholder loans.

77.  The company started offering a way for existing shareholders to buy and exchange mutual fund shares via the Internet in mid-April.

78.  The company also failed to indicate how big a stake in the company the share sale represents, or the stake to be retained by existing shareholders.

79.  The cost of options is borne by existing shareholders, whose ownership stake is diluted.

80.  The company said it intends to spin off its Swedish Match division with a stock market listing next year and distribute the shares to existing shareholders.

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