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Share subscription price and market value of CapMan Plc stock options 2013B

02/06/2014

CapMan Plc Stock Exchange Release – 2 June 2014 at 2.00 p.m. EEST

Share subscription price and market value of CapMan Plc stock options 2013B

The Annual General Meeting of Shareholders decided on 20 March 2013 on the issue of stock options to the CapMan Group key personnel. The share subscription price for stock option 2013B is EUR 1.16 per share (the trade volume weighted average quotation of the series B share on NASDAQ OMX Helsinki Ltd. during 1 April-31 May 2014 with an addition of 10 per cent). Each year dividends and equity returns will be deducted from the share subscription price. 

A total of 1,410,000 new series B shares or existing series B shares held by the Company can be subscribed for with stock options 2013B. The share subscription period for stock options 2013B will be 1 May 2017-30 April 2019.

The theoretical market value of one stock option 2013B is EUR 0.26. The theoretical market value of the stock options 2013B is EUR 366 600 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 1.06, share subscription price EUR 1.16, risk free interest rate 0.61%, validity of stock options 4.91 years and volatility 30.8%. 

The terms and conditions of the Stock Options 2013 are available on the Company’s internet pages www.capman.com.

CAPMAN PLC

Hanna Hinkkanen
Communications Officer

DISTRIBUTION
NASDAQ OMX Helsinki
Central media
www.capman.com

CapMan www.capman.com
CapMan Group is one of the leading private equity firms in the Nordic countries and Russia, with assets under management of approximately €3.1 billion. CapMan has five investment partnerships – CapMan Buyout, CapMan Russia, CapMan Credit, CapMan Public Market, and CapMan Real Estate – each of which has its own dedicated investment team and funds. Altogether, CapMan employs approx.100 people in Helsinki, Stockholm, Oslo, Moscow and Luxembourg. CapMan was established in 1989 and has been listed on the Helsinki Stock Exchange since 2001.