Share subscriptions with Raute Corporation's stock options 2010 C
RAUTE CORPORATION STOCK EXCHANGE RELEASE 8 MAY 2018 at 12:30 p.m.
SHARE SUBSCRIPTIONS WITH RAUTE CORPORATION'S STOCK OPTIONS 2010 C
A total of 6,815 Raute's series A new shares have been subscribed for with Raute Corporation's stock options 2010 C on March 27, 2018. The entire subscription price EUR 25,556.25 is entered in the invested non-restricted equity reserve. As a result of the subscriptions, the number of Raute's series A shares will increase from 3,265,218 pcs to 3,272,033 pcs and the total amount of shares from 4,256,379 pcs to 4,263,194 pcs.
The new shares subscribed for with the stock options 2010 C have been registered in the Trade Register on May 8, 2018 as of which date the new shares establish shareholder rights. The shares will be traded on the Nasdaq Helsinki together with the old shares as of May 9, 2018.
The share subscription period for stock options 2010 C has ended on March 31, 2018.
RAUTE CORPORATION
Olli Pekka Vanhanen
Chief Financial Officer
FURTHER INFORMATION:
Mr. Olli-Pekka Vanhanen, CFO, tel. +358 40 505 7515
Potential call requests to Olli-Pekka Vanhanen through: Eija Salminen, Group Executive Assistant, tel. +358 50 3801517
DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com
RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood, LVL (Laminated Veneer Lumber) and lumber. The technology offering covers the entire production process of veneer, plywood and LVL and special measurement equipment for lumber. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in the Nastola area of Lahti, Finland. Its other production plants are in Kajaani, Finland, the Vancouver area of Canada, in the Shanghai area of China and in Pullman, WA, USA. Raute’s net sales in 2017 were EUR 148.1 million. The Group’s headcount at the end of 2017 was 704. More information on the company can be found at www.raute.com.