Raute - Company Announcement

Raute Corporation applies for listing of its 2010 stock options

Nastola, Finland, 2015-03-26 12:30 CET (GLOBE NEWSWIRE) -- RAUTE CORPORATION
STOCK EXCHANGE RELEASE 26 MARCH 2015 at 1:30 p.m. 


RAUTE CORPORATION APPLIES FOR LISTING OF ITS 2010 STOCK OPTIONS

Raute Corporation will apply for the listing of its 2010 stock options on the
NASDAQ OMX Helsinki Ltd. so that the listing begins as of April 27, 2015. 

Raute Group's key persons currently hold a total of 69,530 stock options marked
with the symbol 2010 A, 80,000 stock options marked 2010 B and 75,000 stock
options marked 2010 C. Each option right entitles its holder to subscribe for
one Raute´s series A share. 

The subscription period for series 2010 A stock options is from March 1, 2013
to March 31, 2016. The current subscription price for 2010 A stock options is
EUR 5.44. 

The subscription period for series 2010 B stock options is from March 1, 2014
to March 31, 2017. The current subscription price for 2010 B stock options is
EUR 7.93. 

The subscription period for series 2010 C stock options is from March 1, 2015
to March 31, 2018. The current subscription price for 2010 C stock options is
EUR 6.80. 

From the subscription price, as per the relevant record date, be deducted the
amount of dividends or equity distributed as repayment of equity from the
invested non-restricted equity reserve decided after the end of the period on
determination of the share subscription price but before share subscription. 

Share subscriptions will take place at all of Nordea's branches in Finland.

The new shares subscribed with the stock options will be entered to the Trade
Register according to the following timetable when the amount of shares exceeds
1,000 pcs: 

Last subscription date                 Estimated registration date             
     Estimated listing date 
April 14, 2015                              May 7, 2015                        
                 May 8, 2015 
July 17, 2015                               August 10, 2015                    
              August 11, 2015 
October 20, 2015                        November 12, 2015                      
       November 13, 2015 

However, the entry in the Trade Register will be made at least once a year,
within one month from the end of the financial year. The shares subscribed with
the stock options entitle holders to dividends and other shareholder rights
after the shares have been registered. Raute reserves the right to change any
of the Trade Register entry dates indicated above, if necessary. Also, Raute
does not assume any liability for non-registrations occurring on any of the
above-mentioned dates. 

The terms and conditions of the stock options plan 2010 are available on the
company's investor web pages at www.raute.com > Investors > Share information >
Option schemes. 


RAUTE CORPORATION
Arja Hakala
Chief Financial Officer



FURTHER INFORMATION:
Ms. Arja Hakala, CFO, Raute Corporation, tel. +358 3 829 3293, mobile +358 400
710 387 

DISTRIBUTION:
NASDAQ OMX Helsinki Ltd, main media, www.raute.com


RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute's
customers are companies operating in the wood products industry that
manufacture veneer, plywood and LVL (Laminated Veneer Lumber). The technology
offering covers machinery and equipment for the entire production process. As a
supplier of mill-scale projects, Raute is a global market leader both in the
plywood and LVL industries. Additionally, Raute's full-service concept includes
technology services ranging from spare parts deliveries to regular maintenance
and equipment modernizations. Raute's head office is located in Nastola,
Finland. Its other production plants are in the Vancouver area of Canada, in
the Shanghai area of China, and in Kajaani, Finland. Raute's net sales in 2014
were EUR 94.0 million. The Group's headcount at the end of 2014 was 587. 

More information about the company can be found at www.raute.com