Trading of Cargotec Corporation Shares Begins
6/1/2005 8:41 AM
June 1, 2005
The demerger of Kone Corporation was registered on June 1, 2005, implying that the demerging Kone Corporation was dissolved and the recipient corporations, Cargotec Corporation and KONE Corporation, were registered.
The trading of Cargotec Corporation class B shares and class A and B option rights will begin on the Helsinki Stock Exchange today June 1, 2005. The class B shares are listed on the Main List of the Helsinki Stock Exchange. The trading codes for the class B shares and class A and B options are the following:
|Class B share||Cargotec 2005 A option right||Cargotec 2005 B option right|
Cargotec Corporation is listed within the Metal and Engineering sector. The Corporation's share capital totals 63 754 755.00 euro and the accounting par value of one share is 1.00 euro. The total number of class B shares is 54 228 666 and the total number of unlisted class A shares is 9 526 089.
Senior Executive Vice President and CFO
SVP, Investor Relations and Communications
For further information, please contact:
Carl-Gustaf Bergström, President, tel. +358 204 55 4253
Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 204 55 4281
Cargotec Corporation is the world's leading provider of cargo-handling solutions for ships, ports, terminals and local distribution. Its three business areas, Kalmar, Hiab and MacGREGOR operate in materials hubs. Net sales of Cargotec were approximately EUR 1.9 billion in 2004 and the company has approximately 7,300 employees in over 140 countries. Cargotec's shares are listed on the Helsinki Stock Exchange.