Vantaa, Finland, 2012-10-22 08:00 CEST (GLOBE NEWSWIRE) -- Cramo Plc Stock Exchange Release 22 October 2012, at 9.00 am Finnish time (GMT+2)
Shares subscribed for under Cramo Plc stock options 2006C
A total of 12 350 Cramo Plc's new shares were subscribed for during the period between 7 August 2012 and 8 October 2012 under the company's stock option rights 2006C. The entire subscription price of EUR 76 199.50 will be entered in the paid-in capital. As a result of the share subscriptions, the number of Cramo Plc shares will increase to 41 767 115.
The shares subscribed for under the stock options were registered in the Trade Register on 22 October 2012, as of which date the new shares will establish shareholder rights.
Trading in the new shares will begin on NASDAQ OMX Helsinki on 23 October 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 8 October 2012 a total of 328 029 Cramo Plc's new shares were subscribed for under the stock option rights 2006C and a total of 626 170 stock option rights 2006C remain unexercised. The outstanding stock options 2006C entitle to a total of 814 021 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.
President and CEO
Martti Ala-Härkönen, CFO, Cramo Plc, tel. +358 40 737 6633
NASDAQ OMX Helsinki Ltd.
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 fourteen countries with over 400 depots. With a group staff close to 2.700, Cramo's consolidated sales in 2011 was EUR 680 million. Cramo shares are listed on the NASDAQ OMX Helsinki Ltd. Further information: www.cramo.com