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2007-06-29 10:43:32 CEST 2007-06-29 10:43:32 CEST REGULATED INFORMATION Proha - Corporate ActionPROHA PLC BOARD OF DIRECTORS APPROVED THE SUBSCRIPTIONS OF OPTION ISSUEIn it's meeting on June 28, 2007, Proha Board of Directors approved subscriptions of the option issue that is part of Proha Group's incentive and commitment program and that was decided by the Annual General Meeting on April 18, 2007. A total of 1,707,000 Proha Plc stock options has been subscribed, entitling to the subscription of 1,707,000 shares. The stock options were granted without compensation to Board of Directors and to the key personnel of the Group companies. The subscription of the option rights continues until April 17, 2008. The subscription price for the shares subscribed on the basis of the stock options is EUR 0.37 per share. The Annual General Meeting of Proha held on April 18, 2007, decided to issue a total maximum of 2,110,000 stock options. The terms and conditions of the option issue were published in the Stock Exchange Bulletin on March 28, 2007. Proha Plc Pekka Pere CEO More information PROHA PLC CEO Pekka Pere, tel +358 (0)20 4362 000 pekka.pere@proha.com www.proha.com DISTRIBUTION: Helsinki Stock Exchange Major Media |
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