SUBSCRIPTION PERIOD FOR KONECRANES 2001 AND 2003 A-SERIES OPTION PROGRAMS ENDS
KONECRANES PLC STOCK EXCHANGE ANNOUNCEMENT 2 April, 2007 3.15 p.m.
SUBSCRIPTION PERIOD FOR KONECRANES 2001 AND 2003 A-SERIES OPTION PROGRAMS ENDS
The subscription period for the A series options under Konecranes 2003 option
program ended on 31 March, 2007. In total, 800,000 new shares were subscribed
under the program, which increased Konecranes' share capital by EUR 400,000. The
subscription rights for the 2003A series stock options were fully exercised.
The Konecranes 2001A option program ended on 31 March, 2007, and 508,400 new
shares were subscribed under the program, which increased Konecranes share
capital by EUR 228,000.
According to the decision made by the Annual General Meeting of Shareholders on
8 March, 2007, new shares subscribed for under Konecranes' option programs and
recorded in the Trade Register will no longer increase the share capital, but
will be booked entirely to the invested non-restricted equity fund. The
Konecranes 2001A option program entitled to subscriptions of 600,000 shares in
total. The option rights that were not exercised by the end of the subscription
period are no longer valid. The terms and conditions of Konecranes' option
programs are available at www.konecranes.com.
Konecranes is a world-leading group of Lifting Businesses(TM), serving a broad
range of customers, including manufacturing and process industries, shipyards,
ports and terminals. Konecranes provides productivity-enhancing lifting
solutions and services for lifting equipment of every make. In 2006, Group sales
totalled EUR 1,483 million. The Group has 7,500 employees, at more than 370
locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock
Exchange (KCR1V).
KONECRANES PLC
Paul Lönnfors
IR Manager
FURTHER INFORMATION
Konecranes Plc
Paul Lönnfors, IR Manager, tel. +358 20 427 2050
DISTRIBUTION
OMX Helsinki Stock Exchange
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