Share subscriptions based on stock options 2009B and 2009C
Tieto Corporation STOCK EXCHANGE RELEASE 20 January 2015, 11.00 am EET
Between 11 November and 31 December 2014, a total of 26 663 Tieto Corporation new shares have been subscribed for with the company's stock options 2009B and a total of 10 401 new shares with stock options 2009C. For subscriptions made with the stock options 2009B and 2009C, the entire subscription price of EUR 460 167.40 will be entered in the reserve for invested unrestricted equity. As a result of the subscriptions, the number of Tieto shares increases to 73 712 967.
The shares subscribed for under the stock options have been registered in the Trade Register on 20 January 2015, as of which date the new shares will establish shareholder rights. The shares will be traded on the NASDAQ Helsinki together with the old shares as of 21 January 2015.
The share subscription period for stock options 2009B is 1 March 2013 – 31 March 2015 and for stock options 2009C 1 March 2014 – 31 March 2016.
The terms and conditions of stock options 2009 with additional information are available on the company's website www.tieto.com/Investors.
For further information, please contact
Tanja Lounevirta, Head of Investor Relations, tel. +358 50 321 7510, tanja.lounevirta (at) tieto.com
Tieto is the largest Nordic IT services company providing full life-cycle services for both the private and public sectors and product development services in the field of communications and embedded technologies. The company has global presence through its product development business and global delivery centres. Tieto is committed to developing enterprises and society through IT by realizing new opportunities in customers’ business transformation. At Tieto, we believe in professional development and results.
Founded 1968, headquartered in Helsinki, Finland and with approximately 14 000 experts, the company operates in over 20 countries with net sales of approximately EUR 1.6 billion. Tieto’s shares are listed on Nasdaq in Helsinki and Stockholm. Please visit www.tieto.com for more information.