Vantaa, Finland, 2014-07-14 08:00 CEST (GLOBE NEWSWIRE) -- Cramo Plc Stock Exchange Release 14 July 2014, at 9.00 am (EET)
Shares subscribed for under Cramo Plc stock options 2010
A total of 276 452 Cramo Plc's new shares were subscribed for during the period between 1 April 2014 and 30 June 2014 under the company's stock option rights 2010. The entire subscription price of EUR 3 428 004.80 will be entered in the paid-in capital. As a result of the share subscriptions, the number of Cramo Plc shares will increase to 43 903 411.
The shares subscribed for under the stock options were registered in the Trade Register on 14 July 2014, as of which date the new shares will establish shareholder rights.
Trading in the new shares will begin on NASDAQ OMX Helsinki on 15 July 2014.
The share subscription period for stock options 2010 is between 1 October 2013 and 31 December 2014. Each stock option 2010 entitles its holder to subscribe for 1.3 Cramo shares.
The terms and conditions of Cramo Plc Stock Options 2010 with additional information are available on the company's website www.cramo.com.
President and CEO
Vesa Koivula, President and CEO, tel: +358 40 510 5710
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 of modular space. Cramo operates in fifteen countries with 360 depots. With a group staff around 2.500, Cramo's consolidated sales in 2013 was EUR 660 million. Cramo shares are listed on the NASDAQ OMX Helsinki Ltd.