Share subscriptions with Raute Corporation's stock options 2010 C
RAUTE CORPORATION STOCK EXCHANGE RELEASE 26 FEBRUARY 2018 at 10:30 a.m.
SHARE SUBSCRIPTIONS WITH RAUTE CORPORATION'S STOCK OPTIONS 2010 C
A total of 7,131 Raute's series A new shares have been subscribed for with Raute Corporation's stock options 2010 C between December 8, 2017 and February 6, 2018. The entire subscription price EUR 35,655.00 will be 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 3,258,087 pcs to 3,265,218 pcs and the total amount of shares from 4,249,248 pcs to 4,256,379 pcs.
The new shares subscribed for with the stock options 2010 C have been registered in the Trade Register on February 26, 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 February 27, 2018.
The share subscription period for stock options 2010 C ends on March 31, 2018. The terms and conditions of the stock options plan 2010 with additional information are available on the company's website at www.raute.com >Investors >Share information.
Raute's stock options 2010 C are listed on Nasdaq Helsinki Ltd.
RAUTE CORPORATION
Arja Hakala
Chief Financial Officer
FURTHER INFORMATION:
Ms. Arja Hakala, CFO, Raute Corporation, tel. +358 400 710 387
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 148.6 million. The Group’s headcount at the end of 2017 was 704. More information on the company can be found at www.raute.com.