TECHNOPOLIS PLC STOCK EXCHANGE RELEASE November 4, 2013 at 12.15 p.m.
Cancellation of Stock Options Held by a Subsidiary and Subscription of Shares in the Company Based on Stock Options
Subscription of Shares in the Company Based on the 2007C Stock Options and Cancellation of Stock Options Held by a Subsidiary.
A total of 4,171 new shares in the Company have been subscribed on 14 and 15 October 2013 based on the Company’s 2007C stock options. The shares will be entered into the Trade Register on or about 5 November 2013 and public trading is expected to begin on NASDAQ OMX Helsinki Ltd on or about 6 November 2013 together with the existing shares of the Company.
The shares were subscribed at a price of EUR 1.892 per share. The aggregate subscription price for the shares amounted to EUR 7,891.53 and will be recorded in the Company’s invested unrestricted equity fund so the share capital of the Company will not change as a result of the subscription. The share capital of the Company is EUR 96,913,626.29 and the new number of shares is 75,906,005. The subscribed shares carry equal rights with the Company's existing shares after they have been entered into the Trade Register.
The Board of Directors of the Company has on 4 November 2013 decided to cancel 77,000 of the Company’s 2007C stock options held by the Company’s subsidiary Technopolis Hitech Oy.
Each 2007C stock option entitles holders to subscribe 1.043 shares in the Company. A maximum of 264,087 new shares can still be subscribed based on the 2007C stock options after the above mentioned subscriptions and cancellation. The share subscription period based on the 2007C stock options expires on 30 April 2014.
The terms and conditions of the 2007 stock option program are available at the Company’s website www.technopolis.fi and they have also been published in a stock exchange release given on 29 March 2007.
Espoo on November 4, 2013
The Board of Directors
Keith Silverang, CEO, tel. +358 40 566 7785
Carl-Johan Granvik, Chairman of the Board, tel. +358 50 1698
Technopolis Plc is a listed real estate company that specializes in leasing space and providing services. Its core business idea is to combine business support services with modern, flexible, multi-user business environments. There are approximately 26,000 people and almost 1,400 companies and organizations in Technopolis premises in Finland, Russia, Estonia and Lithuania. The company’s net sales for 2012 totaled EUR 107,3 million, and its EBITDA was EUR 55,8 million. The Technopolis Plc share (TPS1V) is listed on NASDAQ OMX Helsinki.
NASDAQ OMX Helsinki