Elektrobit Group Oyj - JOT AUTOMATION GROUP PLC WARRANTS EXERCISED FOR SHARE SUBSCRIPTION
September 07, 2000
JOT AUTOMATION GROUP PLC WARRANTS EXERCISED FOR SHARE SUBSCRIPTION
A total of 3.133.520 JOT Automation Group Plc shares were subscribed for with the war-rants attached to the JOT Automation Group Plc Stock Option Plan A of 1998. This Stock Option Plan A was approved by the General Meeting of August 7, 1998.
The corresponding increase in the share capital, totaling EUR 62.670,40, was registered in the Finnish Trade Register on September 7, 2000. As a result of the increase, the share capital of JOT Automation Group Plc currently is EUR 3.475.014,40 and the total number of shares is 173.750.720. JOT Automation Group Plc received as additional shareholders' equity a total of EUR 2.276.721,63.
The new shares will grant all shareholders' rights beginning from the date of registering, September 7, 2000, and they will be listed on the Helsinki Exchanges together with the older shares on September 11 or latest September 12, 2000.
JOT Automation Group specializes in manufacturing and marketing production automa-tion for the electronics industry. The group has subsidiaries, partners and representatives in 13 countries. On June 30, 2000 the group employed 747 people and its net sales from January 1 to June 30, 2000 came to 75.7 million euros. The company's shares are listed on the Helsinki Exchanges.
Oulunsalo, September 7, 2000
JOT Automation Group Plc
The Board of Directors
Jorma Terentjeff
President, CEO
