Talvivaara Share Subscriptions Based on Stock Options 2007A
29.02.2012 | Globenewswire Europe
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Talvivaara Mining Company Plc
29 February 2012
Talvivaara Share Subscriptions Based on Stock Options 2007A
A total of 111,747 Talvivaara Mining Company Plc.'s new shares were subscribed
for during the period between 31 December 2011 and 10 February 2012 under the
company's stock option rights 2007A. The entire subscription price of EUR
300,942.32 will be entered in the invested unrestricted equity reserve. As a
result of the share subscriptions, the number of Talvivaara Mining Company Plc
shares will increase to 246,002,250.
The shares subscribed for under the stock options were registered in the Trade
Register on 29 February 2012, as of which date the new shares will establish
shareholder rights.
Trading in the new shares will begin on NASDAQ OMX Helsinki on 1 March
2012.Talvivaara will also apply for admission of the shares to listing on the
official list of the United Kingdom's Financial Services Authority and to
trading on the main market of the London Stock Exchange and it is expected that
the admission will take place and that trading will commence on or about 5 March
2012.
The share subscription period for stock options 2007A is between 1 April 2010
and 31 March 2012. By 10 February 2012 a total of 561,033 Talvivaara Mining
Company Plc's new shares were subscribed for under the stock option rights
2007A and a total of 1,772,067 stock option rights 2007A remain unexercised.
The terms and conditions of Talvivaara Stock Options 2007 with additional
information are available on
www.talvivaara.com/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 atwww.talvivaara.com
Talvivaara Share Subscriptions Based on Stock Options 2007A:
http://hugin.info/136227/R/1589909/499436.pdf
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Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
[HUG#1589909]
Unternehmen: Talvivaaran Kaivososakeyhtiö Oyj - ISIN: FI0009014716