Ixonos - Company Announcement

Ixonos approved share subscription of the directed share issue related to the management incentive plan

Helsinki, Finland, 2011-02-10 16:30 CET (GLOBE NEWSWIRE) -- Ixonos Plc         
Stock Exchange Release          10 February 2011 at 17:30 


IXONOS APPROVED SHARE SUBSCRIPTION OF THE DIRECTED SHARE ISSUE RELATED TO THE
MANAGEMENT INCENTIVE PLAN 

The Board of Directors of Ixonos Plc has approved the share issue against
payment directed to Ixonos Management Invest Oy, a company owned by the
management of Ixonos, which was informed on 4 October 2010. The decision on the
share issue was based on the authorization granted by the Extraordinary General
Meeting of Shareholders on 1 June 2010. A total of 20,490 new shares were
offered for subscription in the share issue. The share subscription period was
22 December 2010 - 9 February 2011, and the subscription price was EUR
2.44/share corresponding to the original subscription price of the incentive
plan. 

Based on the rules of the incentive plan, the Board had until the end of 2010
to increase the number of participants in the plan with additional members of
the company's management. One member was added to the incentive plan in
December 2010, on top of the original 10 members included in the incentive
plan. 

The Board of Directors of the company has today approved the subscription of
20,490 new shares. The subscription price of the new shares, EUR 49,995,60 will
be credited to the reserve for invested unrestricted equity of the Company.
Right to dividend and other shareholder rights will commence after the new
shares have been entered into the Trade Register. The shares will be registered
on the book-entry account of the subscriber and will be applied for public
trading on NASDAQ OMX Helsinki Ltd after their entry into the Trade Register. 

After the Trade Register entry of the new shares, the number of the Ixonos Plc
shares will be 15,122,974. 

IXONOS PLC
Board of Directors


For more information, please contact:
Ixonos Plc, Timo Leinonen, CFO, tel. +358 400 793 073, timo.leinonen@ixonos.com


Distribution:
NASDAQ OMX Helsinki
Main media

Attachments:

Ixonos_managements_rights_issue_stocks_20110210.pdf