Cramo Oyj - Company Announcement

Cramo Plc applies for listing of stock options 2011

Vantaa, Finland, 2014-09-17 12:00 CEST (GLOBE NEWSWIRE) -- Cramo Plc    Stock
Exchange Release 17 September 2014 at 1.00 pm (EET) 

Cramo Plc applies for listing of stock options 2011

The Board of Directors of Cramo Plc has resolved to apply for listing of stock
options rights 2011 on NASDAQ OMX Helsinki to commence on 1 October 2014. 

A total of 1,000,000 stock options 2011 were issued. There are currently 95 key
employees holding a total of 787,000 stock options 2011. A wholly-owned
subsidiary of Cramo Plc currently holds 213,000 stock options 2011, which will
not be used for share subscription. 

The share subscription period for stock options 2011 will commence on 1 October
2014 and end on 31 December 2015. Each stock option 2011 entitles its holder to
subscribe for one (1) new share in the Company or existing share held by the
Company. Payment of shares shall be effected on subscription.The share
subscription price currently amounts to EUR 5.98 per share. The amount of the
dividend decided before share subscription will be deducted from the share
subscription price as per the dividend record date. 

New shares subscribed with stock options 2011 shall be listed as additional
lots of Cramo shares on the main list of NASDAQ OMX Helsinki together with the
old shares after the new shares have been registered. 

Evli Bank Plc acts as a subscription place for share subscriptions with Cramo
Plc 2011 stock options. 

The shares subscribed for under the stock options 2011 during 2014 are planned
to be registered in the Trade Register and listed on NASDAQ OMX Helsinki
according to the following timetable: 

Share subscription  Entry into the Trade Register  New shares tradable
deadline            on or about                    on or about        
31 December 2014    16 January 2015                19 January 2015    


The shares subscribed with the options entitle holders to dividends after the
shares have been registered. Cramo reserves the right to change any of the
Trade Register entry dates indicated above, if necessary. Also, Cramo does not
assume any liability for non-registrations occurring on any of the
above-mentioned dates. 

The terms and conditions of the stock options 2011 with additional information
are available on the company's website www.cramo.com. 

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 360
depots. With a group staff of around 2.500, Cramo's consolidated sales in 2013
were EUR 660 million. Cramo shares are listed on the NASDAQ OMX Helsinki Ltd.
Further information: www.cramo.com.