Share subscriptions with Kesko's 2007C options
(Thomson Reuters ONE) -
KESKO CORPORATION STOCK EXCHANGE NOTIFICATION 28.11.2013 AT 10.00 1(1)
By 13 November 2013, a total of 56,779 new company B shares had been subscribed
for with the 2007C options based on Kesko Corporation's 2007 option scheme. The
subscribed shares have today been entered in the Trade Register. The whole
subscription price of ?694,974.96 is recorded in the company's reserve of
invested non-restricted equity. As a result of the subscriptions, the number of
the company's B shares has risen to 68,026,526. The new B shares will be
available for public trading on NASDAQ OMX Helsinki together with the old B
shares from Friday, 29 November 2013.
By 13 November 2013, a total of 56,779 new B shares had been subscribed for with
2007C options. The share subscription price with 2007C options is ?12.24.
After the subscriptions, the total number of company shares has risen to
99,763,533, of which 31,737,007 are A shares and 68,026,526 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 385,396,596. 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 is 1
April 2012-30 April 2014 for 2007C options. The share subscription periods for
2007A and 2007B options have expired earlier.
2007C options can be exercised to subscribe for 547,019 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 Corporate Counsel Saara Rautanen,
telephone +358 105 322 602.
Kesko Corporation
Merja Haverinen
Vice President, Corporate Communications
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1746343]
Unternehmensinformation / Kurzprofil:
Datum: 28.11.2013 - 09:00 Uhr
Sprache: Deutsch
News-ID 321036
Anzahl Zeichen: 3091
contact information:
Town:
Kesko
Kategorie:
Business News
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