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Shares

Share buybacks

Cargotec currently holds 265,099 own class B shares.  Daily share purchases are listed in the attached excel.
 

Share buyback in November 2016

Cargotec Corporation's Board of Directors has decided to exercise the authorisation of the Annual General Meeting on 22 March 2016 to repurchase company's own shares. Cargotec will repurchase maximum 200,000 class B shares to be used as reward payments for Cargotec's share-based incentive programmes. The shares will be purchased at public trading on Nasdaq Helsinki Ltd at the market price. The repurchases will start on 1 November 2016 at the earliest. According to the authorisation given to the Board of Directors by the Annual General Meeting, the maximum amount of shares that can be acquired is 952,000 class A shares and 5,448,000 class B shares.​

Share issue in March 2016

Cargotec’s Board of Directors decided on 22 March 2016 on a directed share issue related to the reward payment for the restricted shares programme 2015 under Cargotec's share-based incentive programme 2014. In the share issue, 27,601 own class B shares held by the company have been transferred without consideration to the key employees participating in the restricted shares programme 2015 in accordance with the terms and conditions of the share-based incentive programme 2014. More detailed information about the launch and the terms and conditions of the programme is available in a stock exchange release published on 4 February 2014.
 

Share buyback in September 2015

Cargotec's Board of Directors decided on 16 September 2015 to exercise the authorisation of the AGM on 18 March 2015 to repurchase company's own shares and purchased in September 92,700 class B shares. The shares will be used as reward payments for Cargotec's share-based incentive programme 2014 and for Cargotec's  restricted share grants 2015 and 2016. Payments and grants will be realised as per their respective terms and conditions, starting on 1 March 2016 at the earliest.
 

Share buyback and share issue in March 2015

On 19 March 2015, Cargotec repurchased 28,030 class B shares to be used as reward payment for the restricted shares programme 2014 under Cargotec's share-based incentive programme 2014. The purchase was based on the authorisation granted to the Board by the Annual General Meeting 2015.  The total purchase price was EUR 940,317.78.
The Board of Directors decided on 18 March 2015 on a directed share issue related to the reward payment for the restricted shares programme 2014 under Cargotec's share-based incentive programme 2014. In the share issue, 28,030 own class B shares held by the company were transferred without consideration to the key employees participating in the restricted shares programme 2014. More detailed information about the launch and the terms and conditions of the programme is available in a stock exchange release published on 4 February 2014.

Share buyback and share issue in March 2014

On 12 March 2014, Cargotec repurchased 26,684 own class B shares based on the authorisation of the 2013 Annual General Meeting. The total purchase price was EUR 867,737.00. 

Cargotec's Board of Directors decided on 18 March 2014 on a directed share issue as a reward payment under the share-based incentive programme 2013. Cargotec transferred 26,684 class B shares held by the company without consideration to 20 persons participating in the incentive programme according to the terms and conditions of the programme on 31 March 2014. More detailed information about the launch and the terms and conditions of the programme is available in a stock exchange release published on 23 August 2013.
 

Share issue in December 2013

Cargotec's Board of Directors decided on 3 December 2013  to offer up to 2,959,487 Cargotec class B shares held in treasury by the company to a limited number of selected domestic and international institutional qualified investors in an accelerated book-built offering deviating from the shareholders' pre-emptive subscription right. The shares were repurchased in 2005 - 2008.
 
The shares correspond to approximately 5.40 percent of the class B shares and 4.60 percent of all the shares and 1.97 percent of all voting rights in the company following the completion of the share issue. Following the share issue, the total number of issued class B shares remains unchanged.
 
The subscription price was set at EUR 25.00 per share, amounting to a total of EUR 74.0 million before commissions and expenses.
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