Sanoma Corporation, Stock Exchange Release, 9 October 2012 at 9:00 CET+1
In accordance with decision by The Board of Directors, Sanoma Corporation has applied for listing of 2009 stock options on NASDAQ OMX Helsinki to commence on 1 November 2012.
A total of 1,800,000 stock options 2009 were issued. There are currently 202 key employees holding a total of 1,024,000 stock options 2009. A fully-owned subsidiary of Sanoma Corporation currently holds 776,000 stock options 2009.
Each 2009 stock option entitles its holder to subscribe for one share of Sanoma Corporation. The current share subscription price is EUR 14.91. The dividends payable annually shall be deducted from the share subscription price. The share subscription period will commence on 1 November 2012 and end on 30 November 2015.
As a result of the exercise of the currently outstanding 2009 stock options, the number of the Sanoma Corporation shares may increase by a maximum of 1,024,000 new shares, which accounts for 0.6% of the amount and voting rights of the outstanding shares after the conversion.
Evli Bank Plc acts as a subscription place for share subscriptions with Sanoma Corporation 2009 stock options.
The terms and conditions of Sanoma Stock Option Scheme 2009 and additional information on subscribing sahre with stock options are available on the company's website www.sanoma.com. Stock Option Scheme 2009 was announced on 18 December 2009.
Sanoma's Investor Relations, Martti Yrjö-Koskinen, tel. +358 40 684 4643 or email@example.com
Sanoma inspires, informs and connects. Sanoma is a leading European group with a focus on consumer media and learning. We bring information, experiences, education and entertainment to millions of people every day. We employ nearly 11,000 professionals in some 20 countries. In 2011, the Group’s restated net sales totalled EUR 2.4 billion. Sanoma shares are listed on the NASDAQ OMX Helsinki.