Investors

Share options plans

By resolution passed at the General Meeting of Shareholders on 28 February 2007, the Company resolved to issue free stock options to the key personnel of the Company and its subsidiaries entitling them, after the split of the Company's shares 1:70, to subscribe for a maximum of 6,999,300 new shares in the Company (2007 Option Scheme). Pursuant to the terms and conditions of the 2007 Option Scheme, the Board of Directors shall decide upon the distribution of the stock options.

 The voting rights attached to the shares to be issued against the outstanding share options amount to 2.0 % of the total share capital of the Company.

Details of the 2007 option scheme

 

 

 

 

 

 

 Option

# of
Options

# of shares
under One
Option

Exercise Price
(Share subscription Price)

Subscription period

Expiry Date

2007A

2,333,100

1

£2.25

1 April 2010

31 March 2012

2007B

2,333,100

1

£2.625

1 April 2011

31 March 2013

2007C

2,333,100

1

£2.75

1 April 2012

31 March 2014

The shares subscribed for under Stock Options 2007 during 2012 will be registered in the Trade Register and listed on NASDAQ OMX Helsinki on the following target dates: 

Share subscription
deadline 		  New shares tradable
on or about		 New shares tradable
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.

Talvivaara Mining Company Plc reserves the right to change any of the Trade Register entry dates indicated above, if necessary. Also, Talvivaara does not assume any liability for non-registrations occurring on any of the above-mentioned dates.

Talvivaara share subscription agent

Evli Bank Plc will act as the share subscription agent. In case you wish to subscribe shares with your stock options please contact Evli help desk phone +358 9 4766 9931 or operations(at)eam.fi in order to receive a share subscription form.

After signing the subscription form and paying the subscription price according to the payment instructions Evli Bank Plc will take care of the required entries in your book-entry account, whereby the options used for subscription will be removed and new shares of Talvivaara Mining Company Plc will be entered.

The subscribed share is not immediately available for selling on the stock exchange but the new shares will first be entered into the Trade Register and after that the shares will be applied for listing on the stock exchange as a so-called supplementary lot. Therefore a stock option holder should be aware that the subscribed share would only be quoted after several weeks from the share subscription.