KONECRANES PLC'S SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS
KONECRANES PLC STOCK EXCHANGE RELEASE February 10, 2009 at 12.30 p.m.
KONECRANES PLC'S SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS
A total of 127,000 of Konecranes Plc's new shares were subscribed for under the
company's stock option plans by January 22, 2009, as follows:
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| Stock option right | Shares | Subscription price |
| | | (EUR/share) |
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| 2001B-series | 6,000 | 8.50 |
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| 2003C-series | 121,000 | 6.25 |
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The full subscription price of EUR 807,250 will be entered in the paid-in
capital. Following the related subscriptions, the number of Konecranes Plc
shares will increase to 61,739,320. This number includes the shares held by the
company.
The shares subscribed for under the stock options were registered in the Trade
Register on February 10, 2009 on the basis of which the new shares will
establish shareholder rights. Konecranes will apply for their listing, together
with its existing shares, on the Main List of the NASDAQ OMX Helsinki. Trading
in the new shares will begin on or around February 11, 2009.
The subscription period for B series stock options under the 2001 stock option
plan will continue until March 31, 2010, and for the C series stock option under
the 2003 stock option plan until March 31, 2009.
Stock options issued under Konecranes Plc's ongoing stock option plans entitle
their holders to subscribe for a total of 2,241,200 shares. The terms and
conditions of all of the company's stock option plans are available at
www.konecranes.com/investor.
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 2008, Group sales totaled EUR 2,103 million. The Group has 9,900
employees, in more than 470 locations in 43 countries. Konecranes is listed on
NASDAQ OMX Helsinki Ltd (symbol: KCR1V).
KONECRANES PLC
Sanna Päiväniemi
IR Manager
FURTHER INFORMATION
Teo Ottola, Chief Financial Officer, Konecranes Plc, tel. +358 20 427 2040
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Major media
www.konecranes.com