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2011-04-12 08:30:00 CEST 2011-04-12 08:30:43 CEST REGULATED INFORMATION Tieto Oyj - Company AnnouncementTieto Stock Options 2009 CTieto Corporation STOCK EXCHANGE RELEASE 12 April 2011, 9.30 am EET The share subscription price for Tieto Stock Option 2009 C is EUR 12.91 per share (the trade volume weighted average quotation of the share on NASDAQ OMX Helsinki during 11 February - 10 April 2011). Each year the dividend is deducted from the subscription price. A total of 600 000 new shares or existing shares held by the company can be subscribed for with Stock Options 2009 C. The share subscription period for Stock Options 2009 C will be 1 March 2014-31 March 2016. The theoretical market value of stock options in the Stock Option Plan 2009 C is EUR 5.19/stock option. The theoretical market value of the entire stock option series is thus EUR 3 113 779. The theoretical market value of one stock option has been calculated using the Black & Scholes stock option pricing model with the following input factors: share price EUR 12.80, share subscription price EUR 12.91, risk free interest rate 2.92 %, validity of stock options 4.98 years and volatility 42.05%. The terms and conditions of the Stock Option Plan 2009 are available at www.tieto.com. Tieto announced the Stock Option Plan 2009 on 26 March 2009. For further information, please contact: Jyrki Ivars, Vice President, Compensation & Benefits, jyrki.ivars(at)tieto.com TIETO CORPORATION DISTRIBUTION NASDAQ OMX Helsinki NASDAQ OMX Stockholm Principal Media Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services complemented by a strong technology platform create tangible business benefits for our local and global customers. As a trusted transformation partner, we are close to our customers and understand their unique needs. With more than 17 000 experts, we aim to become a leading service integrator creating the best service experience in IT. www.tieto.com [HUG#1505377] |
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