• Home
  • News & Insights
  • Releases
  • 2008-08-08 KONE's share capital increases through subscription of shares with 2005B and 2005C option rights

KONE's share capital increases through subscription of shares with 2005B and 2005C option rights

Stock Exchange Release Published 08/08/2008

A total of 40,956 new KONE class B shares have been subscribed for with 2005B option rights and a total of 12,300 new KONE class B shares with 2005C option rights. The corresponding EUR 13,314.00 increase in KONE Corporation’s share capital has been entered into the Finnish Trade Register on August 8, 2008. Trading of the new shares will start on August 11, 2008. 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 2005B option rights were listed on the main list of the Helsinki Stock Exchange on June 1, 2005 and the KONE 2005C option rights on April 1, 2008. The maximum number of shares that can be subscribed for with the remaining 2005B option rights is 666,960. The subscription price is EUR 4.02 per share. The maximum number of shares that can be subscribed for with the remaining 2005C option rights is 3,980,700. The subscription price is EUR 12.55 per share.

KONE’s share capital is EUR 64,247,095.00 after the entry into the Trade Register, comprising 218,884,024 listed class B shares and 38,104,356 unlisted class A shares.

About KONE

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 its customers with industry-leading elevators, escalators and innovative solutions for modernization and maintenance, and is one of the global leaders in its industry. In 2007, KONE had annual net sales of EUR 4.1 billion and over 32,500 employees. KONE class B shares are listed on the OMX Nordic Exchange Helsinki in Finland.

www.kone.com

For further information, please contact:
Jukka Ala-Mello, Secretary to the Board, tel. +358 (0)204 75 4226

Sender:

KONE Corporation
Jukka Ala-Mello
Secretary to the Board

Minna Mars
Senior Vice President,
Corporate Communications & IR

2008-08-08 KONE's share capital increases through subscription of shares with 2005B and 2005C option rights

We use cookies to optimize site functionality and to give you the best possible experience while browsing our site. If you are fine with this and accept all cookies, just click the 'Accept' button. You can also review our privacy statement.

Would you like to explore our corporate site or visit your local website?

Stay on Corporate site

Would you like to browse the solutions available in your area and the local contact information? Please go to your local website.

Your suggested website is

We couldn't determine a local website for you

Go to your suggested website