In accordance with decision by the Board of Directors, Konecranes Plc applies for listing of stock option rights 2009B of Konecranes Plc Stock Options 2009 program on NASDAQ OMX Helsinki stock exchange to commence on April 2, 2013.
A total of 750,000 stock options 2009B were issued. There are currently approximately 140 key employees holding a total of 708,500 stock options 2009B. Konecranes Plc currently holds 41,500 stock options 2009B.
Each stock option 2009B entitles its holder to subscribe for one share of Konecranes Plc at a subscription price of EUR 21.79. The amount of the dividend or the amount of the distributable unrestricted equity decided before share subscription shall be deducted from the share subscription price as per the dividend record date or the record date of the repayment of equity. The share subscription period will commence on April 1, 2013 and end on April 30, 2015.
In accordance with the terms and conditions of the stock options, Konecranes Plc’s Board of Directors has resolved that shares held by the company (treasury shares) are offered to the subscriber in the share subscription.
When treasury shares are used, the subscribed shares will be delivered to the subscriber on the seventh banking day following the end of share subscription window, at the latest. Right to dividend and other shareholder rights shall commence when the subscribed shares have been registered to the subscriber’s book-entry account. The company will answer for possible asset transfer tax consequences.
Evli Bank Plc acts as a subscription place for share subscriptions with Konecranes Plc 2009 stock options.
The terms and conditions of Konecranes Plc Stock Options 2009 and further information are available on the company's website www.konecranes.com > Investors > Share information > Stock option plans.
Konecranes Plc
Miikka Kinnunen
Director, Investor Relations
FURTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050
Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2012, Group sales totaled EUR 2,170 million. The Group has 12,100 employees at 626 locations in 48 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).
DISTRIBUTION
NASDAQ OMX Helsinki
Media
www.konecranes.com