KONECRANES PLC STOCK EXCHANGE RELEASE APRIL 28, 2008 3.30 P.M.
SHARE SUBSCRIPTIONS UNDER KONECRANES STOCK OPTIONS
A total of 66,800 new Konecranes shares have been subscribed with stock option
rights under Konecranes' stock option plans as follows:
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| Stock option right | Shares | Subscription price |
| | | (EUR/share) |
--------------------------------------------------------------------------------
| 1997 | 14,600 | 6.5175 |
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| 2001B-series | 7,200 | 8.50 |
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| 2003C-series | 45,000 | 6.25 |
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Following these subscriptions the number of Konecranes Plc's shares will
increase to 61,216,820 shares. The subscription price will be booked in its
entirety to the paid in capital.
The new shares will be recorded in the Trade Register on or about May 6, 2008.
The new shares will carry shareholders' rights from the date of registration.
Konecranes will apply for their listing on the Helsinki Stock Exchange with the
company's existing shares. Trading in the new shares will start on or about May
7, 2008.
The remaining outstanding stock options entitle to subscription of 1,810,900
shares. The terms and conditions of all Konecranes ongoing stock option plans
are available on the Investor Relations website at www.konecranes.com/investor.
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 2007, Group sales totaled EUR 1,750 million. The Group has 8,400
employees, at more than 470 locations in 43 countries. Konecranes is listed on
the OMX Helsinki Stock Exchange (symbol: KCR1V).
KONECRANES PLC
Paul Lönnfors
IR Manager
FURTHER INOFMATION
Konecranes Plc
Teo Ottola, Chief Financial Officer, tel. +358 20 427 2040
DISTRIBUTION
OMX Nordic Exchange Helsinki
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