Share subscriptions with KONE 2013 and 2014 option rights in 2017
KONE Corporation, stock exchange release, December 1, 2016 at 9.45 a.m. EET
Share subscriptions with KONE 2013 and 2014 option rights in 2017
KONE Corporation's 2013 option rights have been listed on the Nasdaq Helsinki Ltd. as of April 1, 2015. Each 2013 option right entitles to the subscription of two (2) new KONE class B shares at a price of EUR 24.00 per share. Evli Bank Plc. carries out the share subscriptions.
The share subscription period with 2013 option rights will end May 2, 2017.
The share subscription timetable with the option rights 2013 in 2017 is as follows:
Last subscription date | Estimated registration date | Estimated listing date |
April 20, 2017 | May 11, 2017 | May 12, 2017 |
May 2, 2017 | May 11, 2017 | May 12, 2017 |
KONE Corporation's 2014 option rights have been listed on the Nasdaq Helsinki Ltd. as of April 1, 2016. Each 2014 option right entitles to the subscription of one (1) new KONE class B shares at a price of EUR 28.20 per share. Evli Bank Plc. carries out the share subscriptions.
The share subscription timetable with the option rights 2014 in 2017 is as follows:
Last subscription date | Estimated registration date | Estimated listing date |
April 20, 2017 | May 11, 2017 | May 12, 2017 |
July 13, 2017 | August 1, 2017 | August 2, 2017 |
October 19, 2017 | November 7, 2017 | November 8, 2017 |
December 14, 2017 | December 29, 2017 | January 2, 2018 |
The Board will not handle share subscriptions between the end of the financial year 2017 and the subsequent Annual General Meeting.
For further information, please contact:
Jukka Ala-Mello, Secretary to the Board, tel. +358 (0)204 75 4226
Sender:
KONE Corporation
Jukka Ala-Mello
Secretary to the Board
Ilkka Hara
CFO
About KONE
At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2015, KONE had annual net sales of EUR 8.6 billion, and at the end of the year close to 50,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com