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2011-02-10 16:30:00 CET 2011-02-10 16:30:02 CET REGULATED INFORMATION Ixonos - Company AnnouncementIxonos approved share subscription of the directed share issue related to the management incentive planHelsinki, 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 |
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