Listing of Kesko's 2007A stock options
(Thomson Reuters ONE) -
KESKO CORPORATION STOCK EXCHANGE NOTIFICATION 25.03.2010 AT 14.00 1(2)
Kesko Corporation has applied for listing of the 2007A stock options under the
2007 stock option scheme, approved by the Annual General Meeting of 26 March
2007, on the official list of NASDAQ OMX Helsinki for public trading. NASDAQ OMX
Helsinki has decided that the trading of these stock options will commence on 1
April 2010.
On 4 February 2010, Kesko Corporations' Board of Directors decided to apply for
listing of the 2007A stock options (short name KESBVEW107) under the 2007 stock
option scheme on the official list of NASDAQ OMX Helsinki on 1 April 2010, the
beginning of their exercise period. The total number of the 2007A stock options
is 1,000,000. Each stock option entitles its holder to subscribe for one (1) new
Kesko Corporation B share (short name KESBV) during 1 April 2010 to 30 April
2012 at a subscription price that corresponds to the trade volume weighted
average price of a B share on NASDAQ OMX Helsinki during the period 1 to 30
April 2007 (?45.82), with a deduction of the amount of dividends or other
distributions of funds decided after the period for the determination of the
subscription price has begun but before share subscription, on the record date
of each dividend distribution or other distribution of funds.
Currently the subscription price of a share subscribed for with a 2007A stock
option is ?43.22.
The dividend rights of the shares and other shareholder rights commence after
the shares have been entered in the Trade Register.
The trading of the 2007A stock options on the official list of NASDAQ OMX
Helsinki will commence on 1 April 2010.
The basic information of Kesko's 2007A stock options is as follows:
Short name: KESBVEW107
ISIN code: FI0009637201
Share subscription ratio: 1 (KESBVEW107) : 1 (KESBV)
Share subscription price on 1 April 2010: ?43.22 per share
Exercise period: 1 April 2010 - 30 April 2012
Number of stock options: 1,000,000
On 16 February 2010, the Financial Supervisory Authority granted the company a
permission to be exempted from the obligation to publish a prospectus in
connection with applying for listing the stock options and new Kesko B shares
subscribed for with the stock options for public trading.
The terms and conditions of the 2007 stock option scheme are available at
www.kesko.fi/investors.
Further information is available from Corporate Counsel Jarkko Karjalainen,
telephone +358 1053 22602.
Kesko Corporation
Paavo Moilanen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
[HUG#1397646]
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Datum: 25.03.2010 - 08:01 Uhr
Sprache: Deutsch
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