LASSILA & TIKANOJA PLC STOCK EXCHANGE ANNOUNCEMENT 9 FEBRUARY 2005
LASSILA & TIKANOJA: SHARES SUBSCRIBED FOR PURSUANT TO STOCK OPTIONS
Pursuant to the 2002A stock options issued in 2002, 5,600 new shares were subscribed for by 27 January 2005 after the previous entry in the Trade Register on 17 November 2004. The share subscription price for these stock options is 7.86 euros per share.
As a result of these subscriptions, the company’s registered share capital will increase by EUR 2,800 to EUR 19,070,917 and the number of the shares will increase to 38,141,834 shares. EUR 41,216 will be entered in the share premium account. The book counter-value of the share is EUR 0.50. The increase of the share capital should be entered in the Trade Register on 16 February 2005. The new shares should be available for public trading on the Helsinki Stock Exchange Main List on 17 February 2005 together with the existing shares.
A total of 260,000 2002A stock options have been issued. By 27 January 2005, a total of 147,160 shares have been subscribed for on the basis of the 2002A stock options. On the basis of the remaining 2002A stock options a maximum of 112,840 shares can be subscribed for. The subscription period ends on 30 October 2005.
The Board of Directors of Lassila & Tikanoja will approve share subscriptions made on the basis of the stock options next time on 26 April 2005.
LASSILA & TIKANOJA PLC
Sirkka Tuomola
Vice President and CFO
For additional information please contact Sirkka Tuomola, tel +358 10 636 2883.