Listed key employees' share warrants
| Ticker |
FUM1VEW202 |
|---|
| Subscr. price (€/warrant) |
3,40 |
|---|
| Subscription period |
02.10.2006 - 30.04.2009 |
|---|
| Expected next registration date |
8.5.2009 |
|---|
| Last subscr. date before the registration date |
30.4.2009 |
|---|
| Number of shares not registered * |
200 878 |
|---|
* Status on 31 March 2009NB: The subscription period of the share option schemes 2001A, 2001B and 2002A has ended on 30 April 2007
After January's registration the next time share subscriptions are intended to be registered is approximately on 24 March 2009, when the new shares subscribed for by 17 March 2009 will be registered. The shares subscribed for with options by 17 March 2009 at the latest are entitled to a dividend possibly paid for 2008 during the spring of 2009. The holders of these new shares are also entitled to participate in the Annual General Meeting in the spring of 2009 under the terms indicated in the notice to the shareholders' meeting. The subscription period for Share Option Scheme 2002B finishes 30 April 2009.
Stock option scheme for key employees (2002)
On March 26, 2002, the annual general meeting of shareholders resolved to issue a maximum of 25,000,000 share options to key employees of the Fortum Group and to a wholly owned subsidiary of the Company, as determined by the Board of Directors of the Company. Of the total number of share options, (i) 12,500,000 are marked with letter A and are exercisable from October 1, 2004 through May 1, 2007, and (ii) 12,500,000 are marked with letter B and are exercisable from October 1, 2006 through May 1, 2009. On May 22, 2002, the Board of Directors of the Company resolved to distribute a total of 11,063,000 share options marked with letter A to the key employees of the Fortum Group. The remaining 1,437,000 share options marked with letter A and all share options marked with letter B will be granted to Fortum Assets Oy, a wholly owned subsidiary of the Company, to be distributed later to the key employees of the Fortum Group. A total of 25,000,000 Shares can be subscribed for pursuant to the share options and the Company’s share capital may be increased by a maximum of EUR 85,000,000. The subscription price of the share options marked with letter A shall be EUR 5.73 (the volume weighted average price of the Shares on the Helsinki Exchanges during the period from January 1, 2002 through March 31, 2002) and for the share options marked with letter B the volume weighted average price of the Shares on the Helsinki Exchanges during the period from January 1, 2003 through March 31, 2003. Any dividends paid by the Company after the beginning of the period for determination of the subscription price but prior to the subscription of shares will be deducted from the subscription price. The Shares subscribed for under this share option plan shall entitle their holders to dividends and other share holder rights when the increase of the share capital has been registered with the Finnish Trade Register.
Warrant terms 2002A (Pdf, 109 kB)