Stockmann - Corporate Action

STOCKMANN PLC: EXERCISE OF LOYAL CUSTOMER SHARE OPTIONS 2008 AND INCREASE IN SHARE CAPITAL

Helsinki, Finland, 2011-08-26 08:45 CEST (GLOBE NEWSWIRE) -- 
STOCKMANN plc, Corporate Action 26.8.2011 at 9:45 EET

The Board of Directors of Stockmann plc has approved additional share
subscriptions as a result of exercise of Stockmann's Loyal Customer share
options 2008 during the share subscription period from May 2, 2011 to May 31,
2011. A total of 10,424 Stockmann plc Series B shares with a par value of EUR
2.00 were subscribed for, and the subscription right was used by a total of 256
of Stockmann's Loyal Customers. In consequence, the Company's share capital was
increased by EUR 20,848. 

As a result of the increase, Stockmann plc's share capital now totals EUR
143,678,162 and the total number of Series B shares in issue is 41,211,518. The
shares have been entered into the Trade Register and become subject to trade on
the share list of Nasdaq OMX Helsinki Oy together with old shares today, on 26
August 2011. For the new shares subscribed with share options, all shareholder
rights commence from the date on which they are entered into the Trade
Register. 

The subscription price for the share was EUR 11.28 less the amount of dividend
per share decided after the beginning of the period for determination of the
share subscription price (1 February - 28 February 2009). This year the
subscription price was EUR 8.79 per share. 

In addition to the shares registered now, a total of 682,657 Stockmann plc
Series B shares were approved in June 2011 as a result of exercise of the
Company's Loyal Customer share options 2008. The subscription right was used by
a total of 17 510 of Stockmann's Loyal Customers. The last exercise period for
the remaining Loyal Customer share options 2008 is in May 2012. 

Further information: Saara Lifflander, Lawyer, +358 9 121 3227.


www.stockmanngroup.fi



STOCKMANN plc
 Hannu Penttilä
 CEO


DISTRIBUTION
 Nasdaq OMX Helsinki Oy
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