Share subscriptions with Kesko's 2007B and 2007C options
KESKO CORPORATION STOCK EXCHANGE NOTIFICATION 11.02.2013 AT 09.00 1(1)
By 25 January 2013, a total of 74,600 new company B shares had been subscribed
for with the 2007B and 2007C options based on Kesko Corporation's 2007 stock
option scheme. The subscribed shares have today been entered in the Trade
Register. The whole subscription price of â‚¬1,046,274.00 is recorded in the
company's reserve of invested non-restricted equity. As a result of the
subscriptions, the number of the company B shares has reached 67,049,933. The
new B shares will be available for public trading on NASDAQ OMX Helsinki
together with the old B shares from Tuesday, 12 February 2013.
By 25 January 2013, a total of 5,000 new B shares had been subscribed for with
2007B options and a total of 69,600 for with 2007C options. The share
subscription price with 2007B options is â‚¬22.17 per share and with 2007C options
is â‚¬13.44 per share.
After the subscriptions, the total number of company shares has risen to
98,786,940, of which 31,737,007 are A shares and 67,049,933 are B shares. Each A
share carries ten votes and each B share one vote. After the subscriptions, the
number of votes carried by the company shares is 384,420,003. The new B shares
carry the right to dividend and other shareholder rights with effect from today.
The options are based on the resolution on the 2007 option scheme passed at the
company's Annual General Meeting on 26 March 2007. Three units with an equal
number of shares, i.e. 2007A, 2007B and 2007C, or an aggregate of 3,000,000
options have been issued under the scheme. One option entitles its holder to
subscribe for one company B share during the subscription period, which is 1
April 2011-30 April 2013 for 2007B options and 1 April 2012-30 April 2014 for
2007C options. The share subscription period for 2007A options expired on April
After the subscriptions, 984,620 B shares remain to be subscribed for with
2007B options and 869,732 B shares remain to be subscribed for with 2007C
The terms and conditions of the 2007 stock option scheme can be read on Kesko's
website at: www.kesko.fi. The terms and conditions of the option scheme were
also published in a stock exchange release on 26 March, 2007.
Further information is available from Corporate Counsel Jarkko Karjalainen,
telephone +358 10Â 53Â 22602.
Vice President, Corporate Communications and Responsibility
NASDAQ OMX Helsinki
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Source: Kesko Oyj via Thomson Reuters ONE