Cramo Oyj - Company Announcement

Cramo Plc applies for listing of stock options 2009

Vantaa, Finland, 2012-09-14 10:15 CEST (GLOBE NEWSWIRE) -- Cramo Plc           
   Stock Exchange Release 14 September 2012, at 11.15 am (EET) 

Cramo Plc applies for listing of stock options 2009

The Board of Directors of Cramo Plc has resolved to apply for listing of stock
options rights 2009 on NASDAQ OMX Helsinki to commence on 1 October 2012. 

A total of 1,000,000 stock options 2009 were issued. There are currently 92 key
employees holding a total of 822,500 stock options 2009. A wholly-owned
subsidiary of Cramo Plc currently holds 177,500 stock options 2009, which will
not be used for share subscription. 

The share subscription period for stock options 2009 will commence on 1 October
2012 and end on 31 December 2013. Each stock option 2009 entitles its holder to
subscribe for 1.3 new shares in the Company or existing shares held by the
Company. Payment of shares shall be effected on subscription. The share
subscription price currently amounts to EUR 10.55 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. The total number of shares
subscribed for by the option holder will be rounded down to whole shares and
the total subscription price will be paid for the rounded number of shares. New
shares subscribed with stock options 2009 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 2009 stock options. 

The shares subscribed for under the stock options 2009 during 2012 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       New shares tradable on or  
 deadline                  Register                   about                     
                          on or about                                           
--------------------------------------------------------------------------------
8 October 2012            22 October 2012            23 October 2012            
--------------------------------------------------------------------------------
7 December 2012           21 December 2012           27 December 2012           
--------------------------------------------------------------------------------
31 January 2013           14 February 2013           15 February 2013           
--------------------------------------------------------------------------------

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 2009 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 and sale of modular space. Cramo operates in fourteen
countries with over 400 depots. With a group staff close to 2.700, Cramo's
consolidated sales in 2011 was EUR 680 million. Cramo shares are listed on the
NASDAQ OMX Helsinki Ltd. Further information: www.cramo.com