Kone Corporation will on 1 June, 2005 be demerged into two, new stock exchange listed corporations, KONE Corporation (New KONE) and Cargotec Corporation (Cargotec).
The last trading day of Kone Corporation class B shares and series A and B option rights is 31 May, 2005. No after market II trading will take place on the morning of 1 June, 2005 in the demerging corporation’s shares and option rights.
Trade in New KONE and Cargotec class B shares and A and B series Option Rights will commence on the Main List of the Helsinki Stock Exchange on June 1, 2005.
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
Minna Mars, SVP, Corporate Communications & IR, tel. +358 (0)204 75 4501