LASSILA & TIKANOJA PLC STOCK EXCHANGE ANNOUNCEMENT 8 FEBRUARY 2006
LASSILA & TIKANOJA: SHARES SUBSCRIBED FOR PURSUANT TO SHARE OPTIONS
Pursuant to the 2002B share options issued in 2002, 9,700 new shares were subscribed for after the previous entry in the Trade Register on 16 November 2005. The share subscription price is EUR 7.02 per share.
As a result of these subscriptions, the company’s registered share capital will increase by EUR 4,850 to EUR 19,193,737 and the number of the shares will increase to 38,387,474 shares. EUR 63,244 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 2006. The new shares should be available for public trading on the Helsinki Stock Exchange Main List on 17 February 2006 together with the existing shares.
A total of 260,000 2002B share options have been issued. A total of 256,000 options have been granted to key persons. Until now, a total of 132,800 shares have been subscribed for. On the basis of the remaining outstanding 2002B share options a maximum of 123,200 shares can be subscribed for. The subscription period ends on 30 October 2006.
The Board of Directors of Lassila & Tikanoja plc will approve share subscriptions made pursuant to the share options next time on 2 May 2006.
LASSILA & TIKANOJA PLC
Sirkka Tuomola
Vice President and CFO
For additional information please contact Sirkka Tuomola, tel +358 10 636 2883.