Stock options 2008A-C

The Board of Directors of Elektrobit Corporation (now Bittium Corporation) decided, by authorization of the Annual General Meeting of Shareholders of 14 March 2008, that stock options are issued to Elektrobit Corporation key personnel as part of the incentive and commitment program.

The stock options entitle to subscription of a maximum total of 4,200,000 new shares of the company or treasury shares, of which 1,400,000 shall be marked with the symbol 2008A, 1,400,000 shall be marked with the symbol 2008B, and 1,400,000 shall be marked with the symbol 2008C.

The stock options now issued constitute a maximum of 3.1 per cent of Elektrobit Corporation's shares and voting rights.

The offices Svenska Handelsbanken AB (publ) Branch Operation in Finland, Aleksanterinkatu 11, 00100 Helsinki, shall act as the share subscription place and that subscriptions shall be made by paying the share subscription price.

As a result of the capital repayment, decided by the Extraordinary General Meeting on December 4, 2013, the subscription prices of shares pursuant to the series 2008A-C stock options will be reduced with the amount of the capital repayment per share on the record date of the capital repayment in accordance with the terms of the stock options. Hence the share subscription price pursuant to stock options 2008A will reduce to EUR 0.07, pursuant to stock options 2008B to EUR 0.73 and pursuant to stock options 2008C to EUR 0.61.

As a result of the dividend payment, decided by the Annual General Meeting 2014 the subscription prices of shares pursuant to the series 2008A-C stock options will be reduced with the amount of the dividend per share on the dividend record date on April 15, 2014 in accordance with the terms of the stock options. Hence the share subscription price pursuant to stock options 2008A will reduce to EUR 0.05, pursuant to stock options 2008B to EUR 0.71 and pursuant to stock options 2008C to EUR 0.59.

As a result of the dividend payment, decided by the Annual General Meeting 2015 the subscription prices of shares pursuant to the series 2008C stock options will be reduced with the amount of the dividend per share on the dividend record date on April 17, 2015 in accordance with the terms of the stock options. Hence the share subscription price pursuant to stock options 2008C will reduce to EUR 0.55.

bittium Corporation 2008 Stock options
  Amount Subscribed
shares by
31st March 2016
Previously
subscribed
shares
Original subscription
share price
determination, €
Subscription
price now, €
Subscription period
2008A Trading symbol: EBC1VEW108 1.400.000 0 1.292.324 0.39 0.05 5.6.2013 - 31.3.2014
2008B Trading symbol: EBC1VEW208 1.400.000 0 982.010 1.05 0.71 1.4.2013 - 31.3.2015
2008C Trading symbol: BITTIEW308 1.400.000 50.498 1.162.806 0.73 0.55 1.4.2014 - 31.3.2016

Stock exchange releases

14th of April, 2016 The number of the Bittium Corporation's shares has increased through share subscriptions pursuant to series 2008C stock options

10th of February, 2016 The number of the Bittium Corporation's shares has increased through share subscriptions pursuant to series 2008C stock options

11th of December, 2015 The number of the Bittium Corporation's shares has increased through share subscriptions pursuant to series 2008C stock options and listing time schedule in 2016

29th of October, 2015 The number of the Bittium Corporation's shares has increased through share subscriptions pursuant to series 2008C stock options

1st of September, 2015 The number of the Bittium Corporation's shares has increased through share subscriptions pursuant to series 2008C stock options

24th of June, 2015 The number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008C stock options

14th of April, 2015 The number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008B-C stock options

6th of February, 2015 The number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008B-C stock options

12th of December, 2014 The number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008B-C stock options

28th of October, 2014 The number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008B-C stock options

27th of August, 2014 The number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008B-C stock options

26th of June, 2014 Number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008B-C stock options

14th of April, 2014 Number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008A-B stock options

10th of February, 2014 Number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008A-B stock options

20th of December, 2013 Transfer of Elektrobit Corporation's series 2008C stock options to the book-entry system and listing of stock options 2008C on the official list of NASDAQ OMX Helsinki

4th of December, 2013 Number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008A-B

18th of October, 2013 Number of the Elektrobit Corporation's shares has increased through share subscriptions by virtue option rights 2008A and 2008B

6th of September, 2013 Number of the Elektrobit Corporation's shares has increased through share subscriptions by virtue option rights 2008A

5th of July, 2013 Number of the Elektrobit Corporation's shares has increased through share subscriptions by virtue option rights 2008A

5th of June, 2013 Trading on Elektrobit Corporation 2008A-B stock options begins