KONE Corporation, stock exchange release, August 4, 2015 at 9.45 a.m. EET
KONE's share capital increases through the subscription of shares with 2013 option rights
A total of 3,560 new KONE class B shares have been subscribed for with 2013 option rights. The corresponding EUR 445.00 increase in KONE Corporation's share capital has been entered into the Finnish Trade Register on August 4, 2015. Trading of the new shares will start on August 5, 2015 on the NASDAQ OMX Helsinki Stock Exchange 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 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 1,270,758 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 ends on April 30, 2017.
KONE's share capital is EUR 65,674,909.00 after the entry into the Trade Register, comprising 449,190,560 listed class B shares and 76,208,712 unlisted class A shares. The terms of the 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.