The following information is based on a press release from Cramo Oyj (Cramo) published on February 17, 2011 and may be subject to change.
The board of Cramo has proposed that the Annual General Meeting (AGM), scheduled for March 24, 2011, approves a rights issue where the terms of the rights issue and the subscription price are expected to be announced by the board following approval by the AGM. The rights issue is expected to be completed by the end of April 2011. Provided that the rights issue is approved, NASDAQ OMX Derivatives Markets will carry out a re-calculation of options and forwards in Cramo.
For further information, please see the attached file.
