STOCK EXCHANGE RELEASE 10 Dec 2010
Approval of share subscriptions with stock options
PÖYRY PLC Company Announcement 10 December 2010 at 4.10 p.m.
Pursuant to Pöyry PLC's stock option programme 2004, 63 792 new shares of the company have been subscribed since 27 October 2010 with stock options 2004B. The Board of Directors of Pöyry PLC has approved these subscriptions in its meeting on 10 December 2010. Following these subscriptions, the total number of the company's authorised shares will increase to 59 413 798.
The aim is to have the increase in the number of shares registered in the Trade Register on 20 December 2010. 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 21 December 2010.
The subscription period for stock options 2004B started on 1 March 2008 and will end on 31 March 2011. A total of 286 972 shares have been subscribed with stock options 2004B by 10 December 2010 and available for subscription are a total of 373 028 shares.
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 10 December 2010 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. We offer our clients integrated management consulting, total solutions for complex projects and efficient, best-in-class design and supervision. Our in-depth expertise extends to the fields of energy, industry, urban & mobility and water & environment. Pöyry has 7000 experts operating in about 50 countries, locally and globally. Pöyry's net sales in 2009 were EUR 674 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).
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