KONECRANES PLC STOCK EXCHANGE RELEASE APRIL 2, 2008 AT 13.30 PM
Subscription period for Konecranes' 1999B and 2003B series option programs ends
The subscription period for the B series options under Konecranes 2003 option
program ended on 31 March, 2008. In total, 800,000 new shares were subscribed
under the program, which increased Konecranes' share capital by EUR 275,600. The
subscription rights for the 2003B series stock options were fully exercised.
The Konecranes 1999B option program ended on 31 March, 2008, and 416,000 new
shares were subscribed under the program, which increased Konecranes share
capital by EUR 155,400.
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 1999B 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period are no longer valid.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/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 Nordic Exchange Helsinki (symbol: KCR1V).
KONECRANES PLC
Paul Lönnfors
IR Manager
FURTHER INFORMATION
Konecranes Plc
Teo Ottola, Chief Financial Officer, tel. +358 20 427 2040
DISTRIBUTION
OMX Nordic Exchange Helsinki
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