A total of 1,755,310 new KONE class B shares have been subscribed for with 2005C option rights. The corresponding EUR 438,827.50 increase in KONE Corporation’s share capital has been entered into the Finnish Trade Register on May 14, 2010. Trading of the new shares will start on May 17, 2010. The shares acquired shall first qualify for dividend payment for the financial year during which the subscription has taken place. Other rights related to the shares shall commence on the date when the increase in the share capital is entered into the Trade Register.
KONE’s share capital is EUR 65,134,030.00 after the entry into the Trade Register, comprising 222,431,764 listed class B shares and 38,104,356 unlisted class A shares.
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company'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. In 2009, KONE had annual net sales of EUR 4.7 billion and approximately 34,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland. Founded in 1910, KONE celebrates its centennial anniversary in 2010.
For further information, please contact:
Jukka Ala-Mello, Secretary to the Board, tel. +358 (0)204 75 4226
Secretary to the Board
Executive Vice President
Marketing & Communications