Stock Exchange & Press Releases 2016
The number of the Bittium Corporation's shares has increased through share subscriptions pursuant to series 2008C stock options
Stock Exchange Release
Free for publication on April 14, 2016 at 8.30 am (CEST+1)
The number of the Bittium Corporation's shares has increased through share subscriptions pursuant to series 2008C stock options
A total of 50,498 new shares in Bittium Corporation were subscribed for between January 28, 2016 and March 31, 2016, pursuant to series 2008C stock options. The share subscription price, EUR 27,773.90 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 April 14, 2016. 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 April 15, 2016 as an additional lot of Bittium Corporation's shares in NASDAQ OMX Helsinki Ltd. After the registration of the new shares, the number of shares in Bittium Corporation's totals to 35,693,166.
The share subscription period for stock options 2008C ended on March 31, 2016. The terms and conditions of stock options 2008 are available at www.bittium.com/investors in the Company's web pages.
In Oulu, April 14, 2016
Bittium Corporation
Hannu Huttunen
CEO
Further information:
Kari Jokela
Chief Legal Officer
Bittium Corporation
Tel. +358 40 344 5466
Distribution:
NASDAQ Helsinki
Main media
Bittium
Bittium specializes in the development of reliable, secure communications and connectivity solutions, leveraging its 30 year 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. In 2015, Bittium’s net sales of continuing operations, was EUR 56.8 million and its operating profit was EUR 2.3 million. Bittium is listed on Nasdaq Helsinki Exchange. www.bittium.com