Stock Exchange & Press Releases 2014

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Elektrobit Group Oyj - Number of the Elektrobit Corporation's (EB) shares has increased through share subscriptions pursuant to series 2008A-B stock options

April 14, 2014

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


Stock exchange release

Free for publication on April 14, 2014 at 8.00 a.m. (CEST+1)

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

A total of 461,673 new shares in Elektrobit Corporation (EB) were subscribed for between February 11, 2014 and April 8, 2014, pursuant to series 2008A-B stock options. The share subscription price, EUR 145,158.51 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, 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 April 15, 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 131,071,245.

Listing time schedule in 2014 for shares to be subscribed for pursuant to series 2008A-C stock options will be as follows:

 

  • Shares subscribed for by June 9, 2014 including this day, will be listed on or around June 25, 2014
  • Shares subscribed for by August 18, 2014 including this day, will be listed on or around September 2, 2014
  • 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 2008A ended on March 31, 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, April 14, 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 from continuing operations 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