Stock Exchange & Press Releases 2014
August 27, 2014
The number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008B-C stock options
Stock exchange release
Free for publication on August 27, 2014 at 3.00 p.m. (CEST+1)
The number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008B-C stock options
A total of 51,296 new shares in Elektrobit Corporation (EB) were subscribed for between June 26, 2014 and August 18, 2014, pursuant to series 2008B-C stock options. The share subscription price, EUR 31,476.64 has been recorded in the Company's invested non-restricted equity fund.
The corresponding increase in the number of the Company's shares has been entered into the Finnish Trade Register on August 27, 2014. Shareholder rights by virtue of the new shares commence as of the abovementioned registration entry date. Trading with the newly registered shares will start on August 29, 2014 as an additional lot of Elektrobit Corporation's shares in NASDAQ OMX Helsinki Ltd. After the registration of the new shares, the number of shares in Elektrobit Corporation's totals to 131,242,492.
Listing time schedule in 2014 for shares to be subscribed for pursuant to series 2008B-C stock options will be as follows:
Shares subscribed for by October 15, 2014 including this day, will be listed on or around October 30, 2014
Shares subscribed for by December 1, 2014 including this day, will be listed on or around December 16, 2014.
The share subscription period for stock options 2008B will end on March 31, 2015 and for stock options 2008C on March 31, 2016. The terms and conditions of stock options 2008 are available at www.elektrobit.com/investors in the Company's web pages.
Oulu, August 27, 2014
Elektrobit Corporation
The Board of Directors
Further information:
Jukka Harju
CEO
Tel. +358 40 344 5466
Päivi Timonen
Chief Legal Officer
Tel. +358 40 344 2794
Distribution:
NASDAQ OMX Helsinki
Principal media
Elektrobit Corporation (EB)
EB creates advanced technology and turns it into enriching end-user experiences. EB is specialized in demanding embedded software and hardware solutions for wireless and automotive industries. The net sales in 2013 totaled EUR 199.3 million and operating profit was EUR 8.1 million. Elektrobit Corporation is listed on NASDAQ OMX Helsinki. www.elektrobit.com