Cramo Oyj - Company Announcement

Cramo Plc’s Board resolved to continue One Cramo Share Plan

Vantaa, Finland, 2015-06-24 14:15 CEST (GLOBE NEWSWIRE) -- Cramo Plc   Stock
Exchange Release 24 June 2015 at 3.15 pm (EET) 

Cramo Plc's Board resolved to continue One Cramo Share Plan

The Board of Directors of Cramo Plc has resolved to continue the One Cramo
Share Plan established in 2012 by launching of a new plan period 2015-2016. The
details of the new plan period will follow the previous years' particulars. 

A total of 654 Cramo employees have become shareholders in Cramo through the
One Cramo Share Plan since its initiation. 

The new plan period will begin on 1 October 2015 and end on 30 September 2016.
The maximum savings amount per participant during one month is 5% of gross
salary and the minimum is 2%. Each participant will receive one free matching
share for every two acquired savings shares. Matching shares will be delivered
to a participant if the participant holds the acquired shares from the plan
period until the end of the designated holding period, 15 May 2019, and if his
or her employment has not ended before this date on bad leaver terms. The total
amount of all savings during the commencing plan period may not exceed four
million euros. 

An employee will participate in the plan for one year at a time. Shares will be
acquired with the accrued savings at the market price quarterly, after the
publication dates of the Cramo interim results, commencing in February 2016.
Any dividends paid on purchased shares within the plan during the commencing
plan period will automatically be reinvested into additional shares on the
following purchase date. These shares will have an equal right to matching
shares. 

CRAMO PLC

Vesa Koivula
President and CEO



Further information:
Vesa Koivula, President and CEO, tel: +358 40 510 5710



Distribution:
NASDAQ OMX Helsinki Ltd.
Major media
www.cramo.com



Cramo is Europe's second largest rental services company specialising in
construction machinery and equipment rental and rental-related services as well
as the rental of modular space. Cramo operates in fifteen countries with 330
depots. With a group staff around 2,500, Cramo's consolidated sales in 2014 was
EUR 652 million. Cramo shares are listed on the NASDAQ OMX Helsinki Ltd.
Further information: www.cramo.com