The 96,000 new Konecranes shares subscribed for with the C series stock option rights under Konecranes 2003 stock option plan have been recorded in the Trade Register on December 18, 2008. Following these subscriptions the number of Konecranes Plc's shares will increase to 61,612,320 shares. The total subscription price, EUR 600,000 will be booked to the paid in capital.
The new shares will carry shareholders' rights from the date of registration.
Konecranes will apply for their listing on the NASDAQ OMX Helsinki Ltd with the company's existing shares. Trading in the new shares will start on or about December 19, 2008.
Konecranes Plc has three ongoing stock option plans that entitle to subscriptions of 2,368,200 shares in total.
The terms and conditions of all Konecranes ongoing stock option plans are available on the Investor Relations website at www.konecranes.com/investor.
Further information can be obtained from
Konecranes Plc
Teo Ottola, Chief Financial Officer, tel. +358 20 427 2040
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 9,600 employees, at more than 470 locations in 43 countries. Konecranes is listed on the NASDAQ OMX Helsinki Ltd (symbol: KCR1V).
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
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www.konecranes.com
