Cargotec Shares Subscribed with Option Rights
Stock Exchange Announcement,, May 8, 2009 at 9.45 a.m. EEST
A total number of 600 new class B shares were subscribed on March 2009 with Cargotec option rights that were granted as part of the demerged Kone Corporation’s year 2004 option program. The amount of 2005B option rights used for share subscription was 200. The subscriptions increase Cargotec’s share capital by EUR 600. The share capital increase has been entered in the trade register on May 8, 2009 and trading in the shares together with the old shares will begin on May 11, 2009.
Cargotec’s share capital after the increase totals EUR 64,304,880. The amount of class B shares after the subscription is 54,778,791 shares. The number of class A shares remains unchanged at 9,526,089 shares. The new shares will entitle to all shareholder rights from the registration date May 8, 2009.
The share subscription period with 2005B option rights ended on March 31, 2009. During the subscription period, a total of 333,570 class B shares were subscribed. After the end of the share subscription period the unused 2005B option rights have been null and void and will automatically be removed from the book-entry accounts of option holders.
For further information, please contact:
Ulla Silvonen, Legal Assistant, tel. +358 204 55 4367
Cargotec improves the efficiency of cargo flows by offering handling systems and the related services for the loading and unloading of goods. Cargotec’s brands, Hiab, Kalmar and MacGREGOR, are global market leaders in their fields and their solutions are used on land and at sea – wherever cargo is on the move. Extensive services close to customers ensure the continuous usability of equipment. Cargotec is the technology leader in its field, its R&D focusing on innovative solutions that take environmental considerations into account. Cargotec’s sales totalled EUR 3.4 billion in 2008 and it employs approximately 11,000 people. Cargotec’s class B shares are quoted on the NASDAQ OMX Helsinki.