KONECRANES PLC - SUBSCRIPTION OF SHARES WITH KONECRANES PLC’S STOCK OPTIONS AND CHANGE IN HOLDING OF TREASURY SHARES
A total of 590,587 of Konecranes Plc’s shares were subscribed for under the company’s stock options as follows:
Stock option: 2009B
Subscription price, EUR/share: 19.69
Full subscription price of EUR 11,628,658.03 will be entered in the paid-in capital.
In accordance with Konecranes Plc’s Board of Directors’ resolution, treasury shares will be used for the share subscriptions. The subscribed shares will be delivered to the subscribers on March 20, 2015 on the basis of which the right to dividend and other shareholder rights shall commence. After the subscription and delivery of the shares, Konecranes Plc holds 4,731,642 treasury shares.
Stock options issued under Konecranes Plc’s ongoing stock option plans entitle their holders to subscribe for a total of 775,271 shares.
The terms and conditions of Konecranes Plc’s Stock Options 2009 are available at www.konecranes.com > Investors > Share information > Stock option plans.
Director, Investor Relations
Mr. Miikka Kinnunen, Director, Investor Relations, tel. +358 20 427 2050
Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2014, Group sales totaled EUR 2,011 million. The Group has 12,000 employees at 600 locations in 48 countries. Konecranes is listed on the Nasdaq Helsinki (symbol: KCR1V).