The 154,600 new Konecranes shares subscribed for with the stock option rights under Konecranes 1997 stock option plan, B series stock option rights under 2001 stock option plan and C series stock option rights under 2003 stock option plan have been recorded in the Trade Register on June 19, 2008.
Following these subscriptions the number of Konecranes Plc's shares will increase to 61,371,420 shares. The subscription price will be booked in its entirety to the paid in capital.
Trading in the new shares will start on or about June 23, 2008.
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 8,800 employees, in more than 470 locations in 43 countries. Konecranes is listed on the OMX Helsinki Stock Exchange (symbol: KCR1V).
DISTRIBUTION
OMX Nordic Exchange Helsinki
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