The share subscription price for Konecranes stock option 2009 A is EUR 14.55/share (the trade volume weighted average quotation of the share on the NASDAQ OMX Helsinki Ltd. during 1 April – 30 April 2009).
A total of 750,000 new shares or existing shares held by the Company can be subscribed for with stock options 2009 A. The share subscription period for stock options 2009 A will be 1 April 2012 - 30 April 2014.
The theoretical market value of stock options in Stock Option Plan 2009 A is EUR 5.13/stock option. The theoretical market value of the entire stock option serie is thus EUR 3,847,500. The theoretical market value of one stock option has been calculated through the use of Black &Scholes stock option pricing model with the following input factors: share price EUR 15.55, share subscription price EUR 14.55, risk free interest rate 2.93 %, validity of stock options 5 years and volatility 28 %.
The terms and conditions of the Stock Option Plan 2009 are available on the Company's internet pages www.konecranes.com
Konecranes announced the Stock Option Plan 2009 on 12 March 2009.
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 2008, Group sales totaled EUR 2,103 million. The Group has 9,900 employees, in 485 locations in 43 countries. Konecranes is listed on NASDAQ OMX Helsinki Ltd (symbol: KCR1V).
KONECRANES PLC
Sanna Päiväniemi
IR Manager
FURTHER INFORMATION
Teo Ottola, Chief Financial Officer, Konecranes Plc, tel. +358 20 427 2040
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Media
www.konecranes.com
