SUBSCRIPTION OF SHARES WITH KONECRANES PLC’S STOCK OPTIONS AND CHANGE IN HOLDING OF TREASURY SHARES
KONECRANES PLC STOCK EXCHANGE RELEASE May 12, 2015 at 10:15
A total of 136,722 of Konecranes Plc’s shares were subscribed for under the company’s stock options as follows:
Stock option: 2009B
Shares: 136,722
Subscription price, EUR/share: 18.64
The full subscription price of EUR 2,548,498.08 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 May 12, 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 4,539,913 treasury shares.
Stock options issued under Konecranes Plc’s ongoing stock option plans entitle their holders to subscribe for a total of 638,500 shares.
The share subscription period for the stock options 2009B ended on April 30, 2015
The stock options 2009B entitled to subscriptions of a total of 750,000 shares. A total of 745,951 shares were subscribed for under the stock options. The option rights that were not exercised by the end of the subscription period are no longer valid.
The terms and conditions of Konecranes Plc’s Stock Options 2009 are available at www.konecranes.com > Investors > Share information > Stock option plans.
KONECRANES PLC
Miikka Kinnunen
Director, Investor Relations
FURTHER INFORMATION
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 11,900 employees at 600 locations in 48 countries. Konecranes is listed on the Nasdaq Helsinki (symbol: KCR1V).
DISTRIBUTION
Nasdaq Helsinki
Media
www.konecranes.com