Vantaa, Finland, 2011-02-10 08:00 CET (GLOBE NEWSWIRE) -- Cramo Plc Stock Exchange Release 10 February 2011 at 9.00 am Finnish time (GMT+2)
Share subscriptions based on stock options 2006A
A total of 551,809 Cramo Plc's new shares were subscribed for under the company's stock option rights 2006A in January, 2011. The entire subscription price of EUR 7,261,806.44 will be entered in the invested unrestricted equity reserve. As a result of the share subscriptions, the number of Cramo Plc shares will increase to 31,354,189.
The shares subscribed for under the stock options were registered in the Trade Register on February 10, 2011, as of which date the new shares will establish shareholder rights.
Trading in the new shares will begin on NASDAQ OMX Helsinki on February 11, 2011.
The share subscription period for stock options 2006A ended on January 31, 2011. A total of 694,000 Cramo Plc's new shares were subscribed for under the stock option rights 2006A.
The terms and conditions of Cramo Plc Stock Options 2006 with additional information are available on the company's website www.cramo.com.
CRAMO PLC
Vesa Koivula
President and CEO
Further information:
Martti Ala-Härkönen, CFO, Cramo Plc, tel. +358 40 737 6633
Distribution
NASDAQ OMX Helsinki Ltd.
Major media
www.cramo.com
Cramo is a service company specialising in construction machinery and equipment rental and rental-related services, as well as the rental and sale of modular space. As one of the industry's leading service providers in the Nordic countries and Central and Eastern Europe, Cramo operates in fifteen countries with approximately 400 depots. With a group staff close to 2.400, Cramo's consolidated sales for 2009 was EUR 450 million and Cramo shares are listed on the NASDAQ OMX Helsinki Ltd. For further information, please visit www.cramo.com.