Nurminen Logistics Plc Stock Exchange Release 14 January 2014 at 4.10 pm
The Board of Directors of Nurminen Logistics Plc has decided to arrange a share issue directed to the personnel. In the share issue, new shares in the company will be offered for subscription to all Group employees.
In the share issue, a maximum total of 200,000 new shares in the company will, in deviation from the shareholders’ pre-emptive right, be offered for subscription to the Group personnel. The company has a weighty financial reason for the deviation from the shareholders’ pre-emptive right, since the purpose of the share issue is to encourage the personnel to acquire and own the company´s shares. The Group employs 197 people in Finland and 66 people outside Finland.
The share subscription price is EUR 1.48 per share. The share subscription price is based on the trade volume weighted average quotation of the company’s share on NASDAQ OMX Helsinki Ltd between 1 December 2013 and 31 December 2013, and on a discount of 10 per cent calculated from such price. The trade volume weighted average quotation of the company’s share during the above period is EUR 1.64 per share. The share subscription period will be 10 March–20 March 2014, and approved subscriptions must be paid no later than 11 April 2014. The minimum subscription is 100 shares.
The terms and conditions for the personnel share issue are attached to this release. The final result of the personnel share issue will be announced around week 13.
The decision on the share issue is based on the authorization granted by the Annual General Meeting of Shareholders on 15 April 2013.
Nurminen Logistics Plc
Board of Directors
For more information, please contact: Mr. Tero Kivisaari, Chairman of the Board, tel. +358 10 545 00
ATTACHMENT Terms and Conditions for Personnel Share Issue 2014
NASDAQ OMX Helsinki
Nurminen Logistics provides high-quality logistics services, such as railway transports, terminal services, forwarding, special and heavy transport and value added services. The company has collected logistics know-how from three centuries, starting in 1886. Nurminen Logistics' main market areas are Finland, the Baltic Sea region, Russia and other Eastern European countries. The company’s share is listed on NASDAQ OMX Helsinki.
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