2016-03-23 07:00:05 CET

2016-03-23 07:00:05 CET


REGULATED INFORMATION

English
Bittium Oyj - Total number of voting rights and capital

37,500 shares accepted in Bittium Corporation’s directed share issue without consideration


Stock exchange release

Free for publication on March 23, 2016 at 8.00 am (CET+1)

37,500 shares accepted in Bittium Corporation’s directed share issue without
consideration

The Board of Directors of Bittium Corporation (the “Company”) has on March 22,
2016, in a manner announced yesterday, decided on a directed share issue without
consideration as reward payments to the key persons of the Company (the “Share
Issue”). Of the maximum of 58,000 shares offered in the Share Issue, 37,500
shares were accepted. The 37,500 shares issued in the Share Issue are aimed to
be registered with the Trade Register and registered on the book-entry accounts
of the recipients of the shares on March 24, 2016 and become subject to trading
on the trading list of Nasdaq Helsinki on March 29, 2016.

The decision of the directed share issue without consideration was based on the
authorization granted to the Board of Directors by the Company's Annual General
Meeting of Shareholders held on April 15, 2015. The purpose of the share issue
is to combine the interests of shareholders and key personnel to maximize the
value of the Company and to commit the key personnel to the Company and to offer
them a competitive incentive based on share ownership. There is thus an
especially weighty financial reason for the Share Issue.

Oulu, March 23, 2016

Bittium Corporation
Board of Directors

Further information:

Hannu Huttunen
CEO
Tel. +358 40 344 5258

Kari Jokela
Chief Legal Officer
Tel. + 358 40 344 5258

Distribution:

Nasdaq Helsinki Stock Exchange
Main media

Bittium

Bittium specializes in the development of reliable, secure communications and
connectivity solutions leveraging its 30years legacy of expertise in advanced
radio communication technologies. Bittium provides innovative products and
customized solutions based on its product platforms and R&D services
complementing its communications and connectivity solutions. Bittium offers
proven information security solutions for mobile devices and portable computers.
Net sales of continuing operations in 2015 were EUR 56.8 million and operating
profit was EUR 2.3 million. Bittium is listed on Nasdaq Helsinki.
www.bittium.com