KONECRANES PLC STOCK EXCHANGE RELEASE December 14, 2010
KONECRANES PLC STOCK EXCHANGE RELEASE December 14, 2010
THE 2011 SHARE SUBSCRIPTION SCHEDULE UNDER KONECRANES PLC'S STOCK OPTION PLAN 2007
Based on Konecranes Plc's stock option plans, 2007 Series A and B stock options will entitle their holders to subscribe for shares in 2011 as follows:
| Share subscription deadline | Entry into the Trade Register on or about | New shares tradable on or about | |||
| January 19,2011 * | February 10,2011 | February 11,2011 | |||
| March 7,2011 * | March 24,2011 | March 25,2011 | |||
| March 22,2011 | April 12,2011 | April 13,2011 | |||
| April 18,2011 | May 5,2011 | May 6,2011 | |||
| May 6,2011 | May 24,2011 | May 25,2011 | |||
| June 6,2011 | June 22,2011 | June 23,2011 | |||
| July 11,2011 | July 28, 2011 | July 29,2011 | |||
| September 5,2011 | September 22,2011 | September 23,2011 | |||
| October 10,2011 | October 27,2011 | October 28,2011 | |||
| December 5,2011 | December 22,2011 | December 23,2011 | |||
*)Entitled to dividend for 2010.
Shares will establish shareholders rights as of the date of share registration.
Subscriptions will be accepted at Evli Bank Plc.
Shares subscribed in between December 6, 2011 and January 20, 2012 will be registered into the Trade Register on or about February 8, 2012.
Terms and Conditions of the Stock Option Plans in brief
The stock options issued under the 2007 Series A stock option plan entitle holders to subscribe a total of 958,000 shares. The share subscription period for 2007A stock options began on May 2, 2009 and will terminate on April 30, 2011. The share subscription price amounts to EUR 25.72.
The stock options issued under the 2007 Series B stock option plan entitle holders to subscribe a total of 941,000 shares. The share subscription period for 2007B stock options began on May 2, 2010 and will terminate on April 30, 2012. The share subscription price amounts to EUR 25.72.
The stock options issued under the 2009 Series A stock option plan entitle holders to subscribe a total of 739,000 shares. The share subscription period for 2009A stock options will begin on April 1, 2012 and will terminate on April 30, 2014. The share subscription price amounts to EUR 13.65.
The stock options issued under the 2009 Series B stock option plan entitle holders to subscribe a total of 732,000 shares. The share subscription period for 2009B stock options will begin on April 1, 2013 and will terminate on April 30, 2015. The share subscription price amounts to EUR 23.79.
Currently, stock options issued under Konecranes Plc's ongoing stock option plans entitle the options' holders to subscribe for a total of 3,370,000 shares. The terms and conditions of all of the company's stock option plans are available at www.konecranes.com > Investors > Share information > Stock option plans.
KONECRANES PLC
Miikka Kinnunen
Director, Investor Relations
FURTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, Konecranes Plc, tel. +358 (0)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 2009, Group sales totaled EUR 1,671 million. The Group has 9,800 employees, at 545 locations in 43 countries. Konecranes is listed on NASDAQ OMX Helsinki Ltd (symbol: KCR1V).
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
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