Vantaa, Finland, 2012-01-13 08:00 CET (GLOBE NEWSWIRE) --
Cramo Plc Stock Exchange Release 13 January 2012, at 9.00 am (EET)
Shares subscribed for under Cramo Plc stock options 2006C
A total of 2 600 Cramo Plc's new shares were subscribed for under the company's stock option rights 2006C by 19 December 2011. The entire subscription price of EUR 16 822.00 will be entered in the paid-in capital. As a result of the share subscriptions, the number of Cramo Plc shares will increase to 41 441 686.
The shares subscribed for under the stock options were registered in the Trade Register on 13 January 2012, as of which date the new shares will establish shareholder rights.
Trading in the new shares will begin on NASDAQ OMX Helsinki on 16 January 2012.
The share subscription period for stock options 2006C is between 1 October 2011 and 31 January 2013. Each stock option 2006C entitles its holder to subscribe for 1.3 Cramo shares. By 19 December 2011 a total of 2 600 Cramo Plc's new shares were subscribed for under the stock option rights 2006C and a total of 876 500 stock option rights 2006C remain unexercised. The outstanding stock options 2006C entitle to a total of 1 139 450 shares in Cramo.
The terms and conditions of Cramo Plc Stock Options 2006 with additional information are available on the company's website www.cramo.com.
CRAMO PLC
Vesa Koivula
President and CEO
Further information:
Martti Ala-Härkönen, CFO, Cramo Plc, tel. +358 40 737 6633
Distribution
NASDAQ OMX Helsinki Ltd.
Major media
www.cramo.com
Cramo is Europe’s second largest rental services company specialising in construction machinery and equipment rental and rental-related services, as well as the rental and sale of modular space. Cramo operates in fifteen countries with approximately 400 depots. With a group staff close to 2.400, Cramo's consolidated sales in 2010 was EUR 500 million. Cramo shares are listed on the NASDAQ OMX Helsinki Ltd. Further information: www.cramo.com