STONESOFT OYJ 
By Stonesoft Corporation Stock Exchange Release April 2, 2012 at 3:10 p.m.
The Board of Directors of Stonesoft Corporation decided on
18 January 2012 about the issuance of stock options to the
Stonesoft Group key employees by authorization of the
Annual General Meeting of Shareholders held on 13 April
2011. The share subscription price for stock option 2012A
is EUR 1.42 per share (the trade volume weighted average
quotation of the share on NASDAQ OMX Helsinki Ltd. during 1
February-31 March 2012). Each year dividends and equity
returns will be deducted from the share subscription
price.
A total of 1,500,000 new shares or existing shares held by
the Company can be subscribed for with stock options 2012A.
The share subscription period for stock options 2012A will
be 1 March 2015-31 March 2017. The share subscription
period will only begin if the Net Sales in consolidated
financial statements of any financial year 2012-2016 is at
least forty-two (42) million Euros. The stock options for
which the target has not been attained will expire in the
manner decided by the Board of Directors.
The theoretical market value of one stock option 2012A is
EUR 0.79. The theoretical market value of the stock options
2012A is EUR 1 185 000 in total. The theoretical market
value of one stock option has been calculated through the
use of Black & Scholes stock option pricing model with the
following input factors: share price EUR 1.42, share
subscription price EUR 1.42, risk free interest rate 2.35%,
validity of stock options five years and volatility 64%.
The terms and conditions of the Stock Options 2012 are
available on the Company's internet pages
www.stonesoft.com.
Stonesoft Corporation
Ilkka Hiidenheimo
Chief Executive Officer
For further information, please contact:
CEO Ilkka Hiidenheimo, Stonesoft Corporation
Tel. +358 9 4767 11
Distribution:
NASDAQ OMX Helsinki Ltd
www.stonesoft.com
Mon Apr 02 15:03:00 EEST 2012
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| This press release was issued by Stonesoft Oyj and was initially posted at http://www.stonesoft.com/en/press_and_media/releases/en/2012/02042012.html?uri=/en/investor_relation s/financial_information/stock_exchange_releases/index.html . It was distributed, unedited and unaltered, by noodls on 2012-04-02 14:21:41 PM. The issuer is solely responsible for the accuracy of the information contained therein. |
