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2011-03-24 09:30:00 CET 2011-03-24 09:30:30 CET REGULATED INFORMATION Kesko Oyj - Company AnnouncementListing of Kesko's 2007B stock optionsKESKO CORPORATION STOCK EXCHANGE NOTIFICATION 24.03.2011 AT 10.30 1(2) Kesko Corporation has applied for listing of the 2007B stock options under the 2007 stock option scheme, approved by the Annual General Meeting of 26 March 2007, on the official list of NASDAQ OMX Helsinki for public trading. NASDAQ OMX Helsinki has decided that the trading of these stock options will commence on 1 April 2011. On 2 February 2011, Kesko Corporations' Board of Directors decided to apply for listing of the 2007B stock options (short name KESBVEW207) under the 2007 stock option scheme on the official list of NASDAQ OMX Helsinki on 1 April 2011, the beginning of their exercise period. The total number of the 2007B stock options is 1,000,000. Each stock option entitles its holder to subscribe for one (1) new Kesko Corporation B share (short name KESBV) during 1 April 2011 to 30 April 2011 at a subscription price that corresponds to the trade volume weighted average price of a B share on NASDAQ OMX Helsinki during the period 1 to 30 April 2008 (€26.57), with a deduction of the amount of dividends or other distributions of funds decided after the period for the determination of the subscription price has begun but before share subscription, on the record date of each dividend distribution or other distribution of funds. Currently the subscription price of a share subscribed for with a 2007B stock option is €24.67. The dividend rights of the shares and other shareholder rights commence after the shares have been entered in the Trade Register. The trading of the 2007B stock options on the official list of NASDAQ OMX Helsinki will commence on 1 April 2011. The basic information of Kesko's 2007B stock options is as follows: Short name: KESBVEW207 ISIN code: FI0009637219 Share subscription ratio 1 (KESBVEW207) : 1 (KESBV) Share subscription price on 1 April 2011: €24.67 per share Exercise period: 1 April 2011 - 30 April 2013 Number of stock options: 1,000,000 On 16 February 2010, the Financial Supervisory Authority granted the company a permission to be exempted from the obligation to publish a prospectus in connection with applying for listing the stock options and new Kesko B shares subscribed for with the stock options for public trading. The terms and conditions of the 2007 stock option scheme are available at www.kesko.fi/investors. Further information is available from Corporate Counsel Jarkko Karjalainen, telephone +358 1053 22602. Kesko Corporation Harri Utoslahti Communications Manager DISTRIBUTION NASDAQ OMX Helsinki Main news media www.kesko.fi [HUG#1499636] |
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