Would you like to explore our corporate site or visit your local website?Stay on Corporate site
The decisions of KONE Corporation's Extraordinary Shareholders' Meeting on 21 November, 2005 regarding the increase of the number of shares (share split) and change of the terms and conditions of the option rights 2005 have been registered into the Trade Register today.
The split shares (two-for-one) will be traded on the Helsinki Exchanges as of Tuesday, 29 November, 2005. There will be no after-market trading II with KONE shares on Tuesday morning, 29 November, 2005.
The subscription ratio of the 2005 A and B option rights of KONE Corporation will change due to the share split. One option right will entitle to subscription for six (6) class B shares at a price of EUR 8.04 per share.
Director, Secretary to the Board
Senior Vice President, Corporate Communications & IR
For further information, please contact:
Tapio Hakakari, Director, Secretary to the Board, tel. +358 (0)204 75 4226
KONE is the world’s fourth largest elevator company and provides complete and innovative solutions for the installation, maintenance and modernization of elevators and escalators and the maintenance of automatic building doors. KONE provides safe and easy access to hundreds of millions of people daily in all parts of the world. KONE has annual net sales of approximately EUR 3 billion and about 27,000 employees. Its class B shares are listed on the Helsinki Exchanges.