Share subscriptions with Kesko's 2007B options
(Thomson Reuters ONE) -
KESKO CORPORATION STOCK EXCHANGE NOTIFICATION 02.05.2013 AT 11.00 1(1)
By 16 April 2013, a total of 135,861 new company B shares had been subscribed
for with the 2007B options based on Kesko Corporation's 2007 stock option
scheme. The subscribed shares have today been entered in the Trade Register. The
whole subscription price of ?2,849,005.17 is recorded in the company's reserve
of invested non-restricted equity. As a result of the subscriptions, the number
of the company B shares has risen to 67,185,794. The new B shares will be
available for public trading on NASDAQ OMX Helsinki together with the old B
shares from Friday, 3 May 2013.
By 16 April 2013, a total of 135,861 new B shares had been subscribed for with
2007B options. The share subscription price with 2007B options was ?20.97.
After the subscriptions, the total number of company shares has risen to
98,922,801, of which 31,737,007 are A shares and 67,185,794 are B shares. Each A
share carries ten votes and each B share one vote. After the subscriptions, the
number of votes carried by the company shares is 384,555,864. The new B shares
carry the right to dividend and other shareholder rights with effect from today.
The options are based on the resolution on the 2007 option scheme passed by the
company's Annual General Meeting on 26 March 2007. Three units with an equal
number of shares, i.e. 2007A, 2007B and 2007C, or an aggregate of 3,000,000
options have been issued under the scheme. One option entitles its holder to
subscribe for one company B share during the subscription period, which was 1
April 2011-30 April 2013 for 2007B options and is 1 April 2012-30 April 2014 for
2007C options. The share subscription period for 2007A options expired on April
30, 2012.
After the share subscriptions now entered in the Trade Register, but before the
expiry of the share subscription period of 2007B options on 30 April 2013, a
total of 518,019 new B shares have been subscribed for 2007B options and a total
of 1,000 new B shares have been subscribed for 2007C options. The share
subscription price with 2007C options is ?12.24. These shares are estimated to
be entered in the Trade Register on 5 June 2013.
Based on the 2007 option scheme, 2007C options only can be exercised to
subscribe for shares. 2007C options can be exercised to subscribe for 868,732
more new B shares.
The terms and conditions of the 2007 option scheme can be read on Kesko's
website at www.kesko.fi. The terms and conditions of the option scheme were also
published in a stock exchange release on 26 March, 2007.
Further information is available from Director Mika Majoinen, telephone
+358 10 53 22206.
Kesko Corporation
Merja Haverinen
Vice President, Corporate Communications
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#1698582]
Unternehmensinformation / Kurzprofil:
Datum: 02.05.2013 - 10:00 Uhr
Sprache: Deutsch
News-ID 255381
Anzahl Zeichen: 3727
contact information:
Town:
Kesko
Kategorie:
Business News
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