CapMan Plc Stock Exchange Release 1 June 2015 at 4.25 p.m. EEST
Share subscription price and market value of CapMan Plc stock options 2013C
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 2013C is EUR 1.12 per share (the trade volume weighted average quotation of the series B share on NASDAQ OMX Helsinki Ltd. during 1 April-31 May 2015 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 2013C. The share subscription period for stock options 2013C will be 1 May 2018-30 April 2020.
The theoretical market value of one stock option 2013C is EUR 0.21. The theoretical market value of the stock options 2013C is EUR 296,100 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 1.05, share subscription price EUR 1.12, risk free interest rate 0.65%, validity of stock options five years and volatility 24.4%.
The terms and conditions of the Stock Options 2013 are available on the Company’s internet pages www.capman.com.
Manager, Communications and IR
NASDAQ OMX Helsinki
CapMan is one of the European leaders in the private equity industry. For more than 25 years, we have been developing companies and real estate and supporting their sustainable growth. We are committed to understanding the needs of our customers in an ever-changing market environment. We provide attractive returns and innovative solutions for our investors and value adding services for professional investment partnerships, growth-oriented companies and tenants. Our independent investment partnerships – Buyout, Real Estate, Russia and Credit – as well as our associated company Norvestia are responsible for investment activities and value creation. CapMan’s service business offering includes fundraising advisory services, purchasing activities and fund management services to both internal and external customers. CapMan has 100 private equity professionals and assets under management of 3.0 billion. CapMan has been listed on the Helsinki Stock Exchange since 2001.