Number of Cargotec shares increases through subscription with stock options 2010 on 2 May 2014
May 2, 2014 - London
CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 2 MAY 2014 AT 9.30 AM (EEST)
Number of Cargotec shares increases through subscription with stock options 2010 on 2 May 2014A total number of 96,001 new Cargotec class B shares have been subscribed for with stock options 2010A and 2010B. The entire subscription price of EUR 1,792,542.20 will be credited to the reserve for invested non-restricted equity. This means that Cargotec's share capital remains unchanged. The amount of class B shares after the subscription is 54,884,506.
The corresponding increase in the number of Cargotec shares has been entered into the Finnish trade register on 2 May 2014, as of which date the new shares will establish shareholder rights. The shares will be traded on the NASDAQ OMX Helsinki together with the old class B shares as of 5 May 2014.
The share subscription period for stock options 2010A will last until 30 April 2015 and the share subscription period for stock options 2010B will last until 30 April 2016. Each stock option entitles to subscribe for one new Cargotec class B share.
The terms and conditions of stock options 2010 with additional information are available on Cargotec's website at www.cargotec.com.
For further information, please contact:
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084
Cargotec shapes the cargo handling industry for the benefit of its customers and shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are recognised leaders in cargo and load handling solutions around the world. Their global network is positioned close to customers and offers extensive services that ensure a continuous, reliable and sustainable performance according to customers' needs. Cargotec's sales totalled approximately EUR 3.2 billion in 2013 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cargotec Oyj via Globenewswire