SHARE SUBSCRIPTION PRICE AND MARKET VALUE OF KONECRANES STOCKS OPTIONS 2009 B
SHARE SUBSCRIPTION PRICE AND MARKET VALUE OF KONECRANES STOCKS OPTIONS 2009 B
The share subscription price for Konecranes stock option 2009 B is EUR
23.79/share (the trade volume weighted average quotation of the share on the
NASDAQ OMX Helsinki Ltd. during 1 April - 30 April 2010).
A total of 750,000 new shares or existing shares held by the Company can be
subscribed for with stock options 2009 B. The share subscription period for
stock options 2009 B will be 1 April 2013 - 30 April 2015.
The theoretical market value of the stock options 2009 B is EUR 6.24/stock
option. The theoretical market value of the entire stock option serie is thus
EUR 4,683,558. The theoretical market value of one stock option has been
calculated through the use of Black & Scholes stock option pricing model with
the following input factors: share price EUR 24.30, share subscription price EUR
23.79, risk free interest rate 2.15%, validity of stock options 5 years and
volatility 23%.
The terms and conditions of the stock options 2009 are available on the
Company's internet pages www.konecranes.com
Konecranes announced the stock options 2009 on March 12, 2009.
KONECRANES PLC
Miikka Kinnunen
Director, Investor Relations
FURTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Media
www.konecranes.com
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 totalled EUR 1,671 million. The Group has 9,600
employees, at more than 545 locations in 43 countries. Konecranes is listed on
the NASDAQ OMX Helsinki (symbol: KCR1V).