Vantaa, Finland, 2016-01-18 08:40 CET (GLOBE NEWSWIRE) -- Cramo Plc Stock Exchange Release 18 January 2016, at 9.40 am (EET)
Shares subscribed for under Cramo Plc stock options 2011
A total of 69 260 Cramo Plc's new shares were subscribed for during the period between 1 October 2015 and 31 December 2015 under the company's stock option rights 2011. The entire subscription price of EUR 376 081.80 will be entered in the invested unrestricted equity fund. As a result of the share subscriptions, the number of Cramo Plc shares will increase to 44 690 554.
The shares subscribed for under the stock options were registered in the Trade Register on 18 January 2016, as of which date the new shares will establish shareholder rights.
Trading in the new shares will begin on Nasdaq Helsinki on 19 January 2016.
The share subscription period for stock options 2011 was between 1 October 2014 and 31 December 2015. Each stock option 2011 entitled its holder to subscribe for one Cramo share.
The terms and conditions of Cramo Plc Stock Options 2011 with additional information are available on the company's website www.cramo.com.
CRAMO PLC
Leif Gustafsson
President and CEO
Further information:
Leif Gustafsson, President and CEO, tel: +46 70 677 2777
Martti Ala-Härkönen, CFO, tel: +358 10 661 1270 or +358 40 737 6633
Distribution:
Nasdaq Helsinki Ltd.
Major media
www.cramo.com
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 330 depots. With a group staff around 2.500, Cramo's consolidated sales in 2014 was EUR 652 million. Cramo shares are listed on the Nasdaq Helsinki Ltd.