KONE Corporation, stock exchange release, April 30, 2015 at 9.45 a.m. EET
KONE's share capital increases through the subscription of shares with 2010 and 2013 option rights
A total of 737,780 new KONE class B shares have been subscribed for with 2010 option rights and a total of 115,682 new KONE class B shares with 2013 option rights. The amount of subscribed KONE class B shares is 853,462 in total. The corresponding EUR 106,682.75 increase in KONE Corporation's share capital has been entered into the Finnish Trade Register on April 30, 2015. Trading of the new shares will start on May 4, 2015 on the NASDAQ OMX Helsinki Ltd. with previously existing class B shares. The dividend payment rights and other rights related to the shares will commence on the date when the increase in the share capital is entered into the Trade Register.
The KONE 2010 option rights were listed on NASDAQ OMX Helsinki Ltd. as of April 2, 2013. KONE Capital Oy, a subsidiary of KONE Corporation, holds 896,000 KONE 2010 option rights. A maximum of 132,532 shares can be subscribed for with the remaining outstanding 2010 option rights for a subscription price of EUR 11.875 per share. The share subscription period of 2010 option rights ends on April 30, 2015.
The KONE 2013 option rights were listed on NASDAQ OMX Helsinki Ltd. as of April 1, 2015. KONE Capital Oy, a subsidiary of KONE Corporation, holds 55,000 KONE 2013 option rights. A maximum of 1,274,318 shares can be subscribed for with the remaining outstanding 2013 option rights for a subscription price of EUR 25.40 per share. The share subscription period of 2013 option rights ends on April 30, 2017.
KONE's share capital is EUR 65,657,923.75 after the entry into the Trade Register, comprising 449,054,678 listed class B shares and 76,208,712 unlisted class A shares. The terms of the 2010 and 2013 option rights and further information are available on KONE Corporation's website at www.kone.com
For further information, please contact:
Jukka Ala-Mello, Secretary to the Board, tel. +358 (0)204 75 4226
Secretary to the Board
KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2014, KONE had annual net sales of EUR 7.3 billion, and at the end of the year over 47,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland.