The share subscription price for Konecranes stock option 2009 B is EUR 23.79/share (the trade volume weighted average quotation of the share on the NASDAQ OMX Helsinki Ltd. during 1 April – 30 April 2010).
A total of 750,000 new shares or existing shares held by the Company can be subscribed for with stock options 2009 B. The share subscription period for stock options 2009 B will be 1 April 2013 - 30 April 2015.
The theoretical market value of the stock options 2009 B is EUR 6.24/stock option. The theoretical market value of the entire stock option serie is thus EUR 4,683,558. 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 24.30, share subscription price EUR 23.79, risk free interest rate 2.15%, validity of stock options 5 years and volatility 23%.
The terms and conditions of the stock options 2009 are available on the Company's internet pages www.konecranes.com
Konecranes announced the stock options 2009 on March 12, 2009.
KONECRANES PLC
Miikka Kinnunen
Director, Investor Relations
FURTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Media
www.konecranes.com
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 2009, Group sales totalled EUR 1,671 million. The Group has 9,600 employees, at more than 545 locations in 43 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).
