SUBSCRIPTION RIGHT TO DONE SOLUTIONS SHARES
Done Solutions Corporation
Stock Exchange Release September 4, 2007, at 2:30 p.m.
SUBSCRIPTION RIGHT TO DONE SOLUTIONS SHARES
Under the terms of his contract of employment, Olli-Pekka Salovaara, CEO of
Done Solutions Corporation as of 3rd September 2007, or a company under his
control, shall have the right at any given time while his contract of
employment remains valid to require that the company issue him with a private
placing. The subscription price thereof shall be the average share price of the
preceding 30 trading days, and shall be valued at EUR 1.0 million at a maximum.
This private placing shall be issued based on the authority thereof held by the
Company's Board of Directors. Should the Board have no such authority, a
General Meeting shall be convened to place said authority in the Board and/or
to decide on said private placing.
In addition, while his employment contract remains valid, Mr Salovaara has the
right to participate in any future option scheme launched by the Company and,
upon the implementation of said scheme, to subscribe for options such that the
number of shares to which he is entitled under said options corresponds to at
least 1.0% of Company shares calculated as of the option scheme's launch date.
Should said option scheme not be launched, the parties to the employment
contract shall negotiate on corresponding amendments to the terms of said
contract.
Done Solutions Corporation
Board of Directors
For further information, please contact:
Jyri Merivirta, Chairman of the Board, gsm +358(0)50 5235832,
Olli-Pekka Salovaara, President and CEO, gsm +358(0)40 5675520
olli-pekka.salovaara@donesolutions.com
http://www.donesolutions.com
Distribution
Helsinki Stock Exchange
Financial Supervision Authority
Major media
Done Solutions Corporation, listed on the OMX Helsinki Stock Exchange, is the
parent company of Done Group. Done's subsidiaries focus on the provision of
advanced Finnish specialist expertise and export-based operations.