Resolution of the Board of Directors regarding the use of treasury shares in share subscriptions based on the 2009A stock options

Stock exchange releases

KONECRANES PLC  STOCK EXCHANGE RELEASE  June 6, 2012 at 16:15

In accordance with the terms and conditions of the stock options, Konecranes Plc’s Board of Directors has resolved that instead of new shares in the company, shares held by the company (treasury shares) can be offered to the subscriber in the share subscription. Treasury shares will be used for the share subscriptions made after June 8, 2012, unless otherwise resolved by the board.

When treasury shares are used, the subscribed shares will be delivered to the subscriber on the seventh banking day following the end of the share subscription window, at the latest. Right to dividend and other shareholder rights shall commence when the subscribed shares have been registered to the subscriber’s book-entry account. The company will answer for possible asset transfer tax consequences.

Stock options 2009A entitle their holders to subscribe for shares still in 2012 as follows:

Share Subscription
dealine

 
Estimated Trade Register day / Delivery of the subscribed shares latest by Estimated date of listing on NASDAQ OMX Helsinki

June 8, 2012               

June 28, 2012

June 29, 2012
July 13, 2012 July 24, 2012  
September 18,2012 September 27, 2012  
October 12, 2012 October 23, 2012  
December 10, 2012 December 19, 2012  
January 21, 2013 January 30, 2013  

 

 

The terms and conditions of Konecranes Plc   Stock Options 2009 .

KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations


FUTHER INFORMATION

Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050



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 2011, Group sales totaled EUR 1,896 million. The Group has 11,700 employees at 609 locations in 47 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).



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