Talvivaara Share Subscription Schedule 2012 under Talvivaara Stock Options
09.02.2012 | Globenewswire Europe
Stock Exchange ReleaseTalvivaara Mining Company Plc
9 February 2012
Share Subscription Schedule 2012 under Talvivaara Stock Options
The shares subscribed for under Stock Options 2007 during 2012 are expected to
be registered in the Trade Register and listed on NASDAQ OMX Helsinki on the
following target dates:
Share subscription Entry into the Trade New shares tradable
deadline Register on or about on or about
------------------------------------------------------------
10 February 2012 29 February 2012 1 March 2012
31 March 2012 20 April 2012 23 April 2012
23 April 2012 11 May 2012 14 May 2012
4 June 2012 21 June 2012 25 June 2012
10 August 2012 29 August 2012 30 August 2012
2 November 2012 21 November 2012 22 November 2012
Shares will establish shareholders rights as of the date of share registration.
The Stock Options 2007 entitle their holders to subscribe a maximum of
6,999,300 new shares in the Company. The Stock Options 2007 have been divided
into series 2007A, 2007B and 2007C. The share subscription periods for Stock
Options 2007 are the following:
* 2007A: 1 April 2010 - 31 March 2012
* 2007B: 1 April 2011 - 31 March 2013
* 2007C: 1 April 2012 - 31 March 2014
The share subscription prices per share with the option rights 2007A, 2007B and
2007C currently amount to GBP 2.25, GBP 2.625 and GBP 2.75, respectively.
Subscriptions will be accepted at Evli Bank Plc. The payments for the share
subscriptions with Stock Options 2007 will be accepted both in pound sterling
and in euro. The share subscription price in euro will be determined by the euro
reference exchange rate for the pound sterling computed and published by the
European Central Bank on the day preceding the date of share subscription.
By 31 December 2011 a total of 449,286 Talvivaara Mining Company Plc's new
shares were subscribed for under the stock option rights 2007A and a total of
1,883,814 stock option rights 2007A remain unexercised and a total of 48,763 new
shares were subscribed for under the stock option rights 2007B and a total of
2,284,337 stock option rights 2007B remain unexercised.
The terms and conditions of Talvivaara Stock Options 2007 with additional
information are available on
www.talvivaara.com/investors/financial_information/share-options-plan
or
www.evli.com/web/FI/en/private-clients-and-companies/other-services/incentive-
programs/talvivaara
ENQUIRIES
Talvivaara Mining Company Plc. Tel: +358 20 7129 800
Pekka Erkinheimo, Chief Commercial Officer
Saila Miettinen-Lähde, Chief Financial Officer
Talvivaara Mining Company Plc.
Talvivaara Mining Company is an internationally significant base metals producer
with its primary focus on nickel and zinc using a technology known as
bioheapleaching to extract metals out of ore. Bioheapleaching makes extraction
of metals from low grade ore economically viable. The Talvivaara deposits
comprise one of the largest known sulphide nickel resources in Europe. The ore
body is estimated to support anticipated production for several decades.
Talvivaara has secured a 10-year off-take agreement for 100 per cent of its main
output of nickel and cobalt to Norilsk Nickel and entered into a long-term zinc
streaming agreement with Nyrstar NV. Talvivaara is listed on the London Stock
Exchange Main Market and NASDAQ OMX Helsinki and is included in the FTSE- 250
index. Further information can be found at www.talvivaara.com.
Share Subscription Schedule 2012 under Talvivaara Stock Option:
http://hugin.info/136227/R/1584277/495596.pdf
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originality of the information contained therein.
Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
[HUG#1584277]
Unternehmen: Talvivaaran Kaivososakeyhtiö Oyj - ISIN: FI0009014716