Listing of Kesko's 2007C stock options
(Thomson Reuters ONE) -
KESKO CORPORATION STOCK EXCHANGE NOTIFICATION 15.03.2012 AT 09.00 1(2)
Kesko Corporation has applied for listing of the 2007C stock options under the
2007 stock option scheme, approved by the Annual General Meeting of 26 March
2007, on the official list of NASDAQ OMX Helsinki for public trading. NASDAQ OMX
Helsinki has decided that the trading of these stock options will commence on 2
April 2012.
On 1 February 2012, Kesko Corporations' Board of Directors decided to apply for
listing of the 2007C stock options (short name KESBVEW307) under the 2007 stock
option scheme on the official list of NASDAQ OMX Helsinki on 2 April 2012, the
first trading day from the beginning of their exercise period. The total number
of the 2007C stock options is 1,000,000. Each stock option entitles its holder
to subscribe for one (1) new Kesko Corporation B share (short name KESBV) during
1 April 2012 to 30 April 2014 at a subscription price that corresponds to the
trade volume weighted average price of a B share on NASDAQ OMX Helsinki during
the period 1 to 30 April 2009 (?16.84), with a deduction of the amount of
dividends or other distributions of funds decided after the period for the
determination of the subscription price has begun but before share subscription,
on the record date of each dividend distribution or other distribution of funds.
Currently the subscription price of a share subscribed for with a 2007C stock
option is ?14.64.
The dividend rights of the shares and other shareholder rights commence after
the shares have been entered in the Trade Register.
The trading of the 2007C stock options on the official list of NASDAQ OMX
Helsinki will commence on 2 April 2012.
The basic information of Kesko's 2007C stock options is as follows:
Short name: KESBVEW307
ISIN code: FI0009637227
Share subscription ratio 1 (KESBVEW307) : 1 (KESBV)
Share subscription price on 1 April 2012: ?14.64 per share
Exercise period: 1 April 2012 - 30 April 2014
Number of stock options: 1,000,000
On 16 February 2010, the Financial Supervisory Authority granted the company a
permission to be exempted from the obligation to publish a prospectus in
connection with applying for listing the stock options and new Kesko B shares
subscribed for with the stock options for public trading.
The terms and conditions of the 2007 stock option scheme are available at
www.kesko.fi/investors.
Further information is available from Corporate Counsel Jarkko Karjalainen,
telephone +358 10 53 22602.
Kesko Corporation
Merja Haverinen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Kesko Oyj via Thomson Reuters ONE
[HUG#1594241]
Unternehmensinformation / Kurzprofil:
Datum: 15.03.2012 - 08:01 Uhr
Sprache: Deutsch
News-ID 125093
Anzahl Zeichen: 3769
contact information:
Town:
Kesko
Kategorie:
Business News
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