Helsinki, Finland, 2011-12-30 13:00 CET (GLOBE NEWSWIRE) --
TECTIA CORPORATION COMPANY ANNOUNCEMENT DECEMBER 30, 2011 AT 14:00
TECTIA CORPORATION UPDATES ITS OPTION RIGHTS STATUS
The Board of Directors of Tectia Corporation (hereinafter referred as “the Company”) has resolved about nullification of the option rights returned to the Company. The nullification of these option rights has today been entered into the Trade Register.
Option rights issued on the basis of the Option Programs of the Company are unused as follows:
A total of 14,225 option rights which entitle to subscribe for new shares with the subscription price of EUR 0.03 under the Option Program (I/1999) as adopted by the General Meeting of the Shareholders on August 5, 1999, are unused. The share capital can be raised by maximum EUR 426.75 as a result of such subscriptions.
The Option Program (I/2000/lot 1) as adopted by the Board of Directors on July 10, 2000 on the basis of an authorisation of the General Meeting of the Shareholders, the Option Program (I/2000/lot 2) as adopted by the Board of Directors on September 13, 2000 on the basis of an authorisation of the General Meeting of the Shareholders and the Option Program (I/2000/lot 3) as adopted by the Board of Directors on March 22, 2001 on the basis of an authorisation of the General Meeting of the Shareholders have, in connection with an entry into the Book-Entry System, been amalgamated to one Option Program (I/2000). A total of 39,651 option rights which entitle to subscribe for new shares with the subscription price of EUR 5.46 under the Option Program I/2000, are unused. The share capital can be raised by maximum EUR 1,189.53 as a result of such subscriptions.
The share subscription periods with the option rights of the Option Program as adopted by the Board of Directors on July 10, 2000 on the basis of an authorization of the General Meeting of the Shareholders, have ended, and this Option Program does not exist anymore.
A total of 6,000 option rights which entitle to subscribe for new shares with the subscription price of EUR 13.96 under the Option Program (II/2000) as adopted by the Board of Directors on March 22, 2001 on the basis of an authorization of the General Meeting of the Shareholders, are unused. The share capital can be raised by maximum EUR 180.00 as a result of such subscriptions.
The share subscription periods with the option rights of the Option Program (I/2001) as adopted by the General Meeting of the Shareholders on April 19, 2001, have ended, and this Option Program does not exist anymore.
The share subscription periods with the option rights of the Option (I/2002) as adopted by the General Meeting of the Shareholders on April 11, 2002, have ended, and this Option Program does not exist anymore.
A total of 4,000 option rights which entitle to subscribe for new shares with the subscription price of EUR 0.96 under the Option Program (II/2002) as adopted by the General Meeting of the Shareholders on April 11, 2002, are unused. The share capital can be raised by maximum EUR 120.00 as a result of such subscriptions.
A total of 1,999 option rights which entitle to subscribe for new shares with the subscription price of EUR 0.86 under the Option Program (III/2002) as resolved by the Board of Directors on June 26,2002, are unused. The share capital can be raised by maximum EUR 59.97 as a result of such subscriptions.
The share subscription periods with the option rights of the Option Program (I/2003) as adopted by the General Meeting of the Shareholders on April 29, 2003, have ended, and this Option Program does not exist anymore.
The share subscription periods with the option rights of the Option Program (II/2003) as adopted by the General Meeting of the Shareholders on April 29, 2003, have ended, and this Option Program does not exist anymore.
Helsinki 30.12.2011
TECTIA CORPORATION
Mikko Karvinen
CFO & Deputy Managing Director
Further info:
Mikko Karvinen, CFO & Deputy Managing Director. Tel. +358 50 326 4101
Distribution:
NASDAQ OMX Helsinki Oy
Major media
www.tectia.com