STOCK EXCHANGE RELEASE 27 Apr 2011
Approval of share subscriptions with stock options
PÖYRY PLC Company Announcement 27 April 2011 at 8.15 a.m.
Pursuant to Pöyry PLC's stock option programme 2004, 295 328 new shares of the company have been subscribed since 10 March 2011 with stock options 2004B. The Board of Directors of Pöyry PLC has approved these subscriptions in its meeting on 26 April 2011. Following these subscriptions, the total number of the company's authorised shares will increase to 59 759 610.
The aim is to have the increase in the number of shares registered in the Trade Register on 4 May 2011. According to the terms and conditions of stock options 2004, the subscribed new shares entitle to dividend and other shareholders' rights as of the date of registration of the shares into the Trade Register. The new shares will be joined to the old shares and are expected to be available for public trading on the main list of NASDAQ OMX Helsinki on 5 May 2011.
The subscription period for stock options 2004B started on 1 March 2008 and ended on 31 March 2011. A total of 632 784 shares were subscribed with stock options 2004B by 31 March 2011 and a total of 27 216 shares were left unsubscribed.
The subscription period for stock options 2004C started on 1 March 2009 and will end on 31 March 2012. No shares have been subscribed with stock options 2004C by 26 April 2011 and thus 880 000 shares are available for subscription.
The terms and conditions of stock options 2004 and further information on the stock option programme are available on the company's web site www.poyry.com.
Additional information by:
Sanna Päiväniemi, Director, Investor Relations, Pöyry PLC
tel. +358 10 33 23002
Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at our core, we deliver best-in-class management consulting, total solutions, and design and supervision. Our in-depth expertise extends to the fields of energy, industry, urban & mobility and water & environment. Pöyry has 7,000 experts and a local office network in about 50 countries. Pöyry's net sales in 2010 were EUR 682 million and the company's shares are quoted on the NASDAQ OMX Helsinki. (Pöyry PLC: POY1V).
NASDAQ OMX Helsinki