KESKO CORPORATION STOCK EXCHANGE NOTIFICATION 15.03.2012 AT 09.00 1(2)
Kesko Corporation has applied for listing of the 2007C stock options under the 2007 stock option scheme, approved by the Annual General Meeting of 26 March 2007, on the official list of NASDAQ OMX Helsinki for public trading. NASDAQ OMX Helsinki has decided that the trading of these stock options will commence on 2 April 2012.
On 1 February 2012, Kesko Corporations' Board of Directors decided to apply for listing of the 2007C stock options (short name KESBVEW307) under the 2007 stock option scheme on the official list of NASDAQ OMX Helsinki on 2 April 2012, the first trading day from the beginning of their exercise period. The total number of the 2007C stock options is 1,000,000. Each stock option entitles its holder to subscribe for one (1) new Kesko Corporation B share (short name KESBV) during 1 April 2012 to 30 April 2014 at a subscription price that corresponds to the trade volume weighted average price of a B share on NASDAQ OMX Helsinki during the period 1 to 30 April 2009 (€16.84), with a deduction of the amount of dividends or other distributions of funds decided after the period for the determination of the subscription price has begun but before share subscription, on the record date of each dividend distribution or other distribution of funds.
Currently the subscription price of a share subscribed for with a 2007C stock option is €14.64.
The dividend rights of the shares and other shareholder rights commence after the shares have been entered in the Trade Register.
The trading of the 2007C stock options on the official list of NASDAQ OMX Helsinki will commence on 2 April 2012.
The basic information of Kesko's 2007C stock options is as follows:
| Short name: | KESBVEW307 |
| ISIN code: | FI0009637227 |
| Share subscription ratio | 1 (KESBVEW307) : 1 (KESBV) |
| Share subscription price on 1 April 2012: | €14.64 per share |
| Exercise period: | 1 April 2012 - 30 April 2014 |
| Number of stock options: | 1,000,000 |
On 16 February 2010, the Financial Supervisory Authority granted the company a permission to be exempted from the obligation to publish a prospectus in connection with applying for listing the stock options and new Kesko B shares subscribed for with the stock options for public trading.
The terms and conditions of the 2007 stock option scheme are available at www.kesko.fi/investors.
Further information is available from Corporate Counsel Jarkko Karjalainen, telephone +358 10 53 22602.
Kesko Corporation
Merja Haverinen
Senior Vice President, Corporate Communications and Responsibility
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Kesko Oyj via Thomson Reuters ONE
