Number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008A-B stock options
ET | Source:Bittium Oyj
Stock exchange release
Free for publication on April 14, 2014 at 8.00 a.m. (CEST+1)
Number of the Elektrobit Corporation's (EB) shares has increased through share
subscriptions pursuant to series 2008A-B stock options
A total of 461,673 new shares in Elektrobit Corporation (EB) were subscribed for
between February 11, 2014 and April 8, 2014, pursuant to series 2008A-B stock
options. The share subscription price, EUR 145,158.51 has been recorded in the
Company's invested non-restricted equity fund.
The corresponding increase in the number of the Company's shares has been
entered into the Finnish Trade Register on April 14, 2014. Shareholder rights by
virtue of the new shares commence as of the abovementioned registration entry
date. Trading with the newly registered shares will start on April 15, 2014 as
an additional lot of Elektrobit Corporation's shares in NASDAQ OMX Helsinki Ltd.
After the registration of the new shares, the number of shares in Elektrobit
Corporation's totals to 131,071,245.
Listing time schedule in 2014 for shares to be subscribed for pursuant to series
2008A-C stock options will be as follows:
* Shares subscribed for by June 9, 2014 including this day, will be listed on
or around June 25, 2014
* Shares subscribed for by August 18, 2014 including this day, will be listed
on or around September 2, 2014
* Shares subscribed for by October 15, 2014 including this day, will be listed
on or around October 30, 2014
* Shares subscribed for by December 1, 2014 including this day, will be listed
on or around December 16, 2014.
The share subscription period for stock options 2008A ended on March 31, 2014.
The share subscription period for stock options 2008B will end on March
31, 2015 and for stock options 2008C on March 31, 2016. The terms and conditions
of stock options 2008 are available at www.elektrobit.com/investors in the
Company's web pages.
Oulu, April 14, 2014
The Board of Directors
Tel. + 358 40 344 5466
Chief Legal Officer
Tel. + 358 40 344 2794
NASDAQ OMX Helsinki
Elektrobit Corporation (EB)
EB creates advanced technology and turns it into enriching end-user experiences.
EB is specialized in demanding embedded software and hardware solutions for
wireless and automotive industries. The net sales from continuing operations in
2013 totaled EUR 199.3 million and operating profit was EUR 8.1 million.
Elektrobit Corporation is listed on NASDAQ OMX Helsinki. www.elektrobit.com
GlobeNewswire, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
2321 Rosecrans Avenue.
El Segundo, CA 90245 Phone: (800) 307-6627 Fax: (800) 307-3567
25 Basinghall Street,
London EC2V 5HA
UK Phone: +1 866-465-8454