Helsinki, Finland, 2012-08-22 13:00 CEST (GLOBE NEWSWIRE) --
TECTIA CORPORATION COMPANY ANNOUNCEMENT 22.08.2012 AT 14:00 P.M.
TECTIA OPTION CERTIFICATES EXERCISED FOR SHARE SUBSCRIPTION AND UPDATES OF OPTION RIGHTS STATUS
According to the I/1999 option program, 375 shares were subscribed for using class E option certificates, 800 shares using class F option certificates, 1 650 shares using class G option certificates and 925 shares using class H option certificates.
The issue of the I/1999 Stock Option Program was approved by Annual General Meeting of August 5, 1999.
The corresponding increase in the share capital, in total EUR 112,50 was registered in the Finnish Trade Register on August 9, 2012. As a result of the increase, the share capital of the company is EUR 916.588,74 and the total number of shares 30.552.958.
The holders of the new shares are entitled to all shareholders’ rights from the registration date. The new shares are listed on the main list of NASDAQ OMX Helsinki Ltd. together with the other shares.
Option rights issued on the basis of the Option Programs of the Company are unused as follows:
A total of 5 888 option rights which entitle to subscribe for new shares with the subscription price of EUR 0.03 under the Option Program (I/1999) as adopted by the General Meeting of the Shareholders on August 5, 1999, are unused. The share capital can be raised by maximum EUR 176.64 as a result of such subscriptions.
A total of 4 375 option rights which entitle to subscribe for new shares with the subscription price of EUR 13.96 under the Option Program (II/2000) as adopted by the Board of Directors on March 22, 2001 on the basis of an authorization of the General Meeting of the Shareholders, are unused. The share capital can be raised by maximum EUR 131.35 as a result of such subscriptions.
A total of 2 000 000 option rights which entitle to subscribe for new shares with the subscription price of EUR 0.65 under the Option Program (I/2012) as adopted by the Board of Directors on July 27, 2012 on the basis of an authorization of the General Meeting of the Shareholders, are unused. The share capital can be raised by maximum EUR 60 000.00 as a result of such subscriptions.
The Option Program (I/2000/lot 1) as adopted by the Board of Directors on July 10, 2000 on the basis of an authorization of the General Meeting of the Shareholders, the Option Program (I/2000/lot 2) as adopted by the Board of Directors on September 13, 2000 on the basis of an authorization of the General Meeting of the Shareholders and the Option Program (I/2000/lot 3) as adopted by the Board of Directors on March 22, 2001 on the basis of an authorization of the General Meeting of the Shareholders have, in connection with an entry into the Book-Entry System, been amalgamated to one Option Program (I/2000). The share subscription periods with the option rights of the Option Program have ended, and this Option Program does not exist anymore.
The share subscription periods with the option rights of the Option Program (II/2002) as adopted by the General Meeting of the Shareholders on April 11, 2002, have ended, and this Option Program does not exist anymore.
The share subscription periods with the option rights of the Option Program (III/2002) as resolved by the Board of Directors on June 26, 2002, have ended, and this Option Program does not exist anymore.
Helsinki 22.8.2012
TECTIA CORPORATION
Jyrki Lalla
CFO
Further info:
Jyrki Lalla, CFO. Tel. +358 45 340 4641
Distribution:
NASDAQ OMX Helsinki Oy
Major media
www.ssh.com
TECTIA OPTION CERTIFICATES EXERCISED FOR SHARE SUBSCRIPTION AND UPDATES OF OPTION RIGHTS STATUS
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