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Tuesday, 1 August 2017

KONE's share capital increases through the subscription of shares with 2014 and 2015 option rights

KONE OYJ    

Published: 08:45 CEST 01-08-2017 /GlobeNewswire /Source: KONE OYJ / : KNEBV /ISIN: FI0009013403

KONE's share capital increases through the subscription of shares with 2014 and 2015 option rights

KONE Corporation, stock exchange release, August 1, 2017 at 09.45 a.m. EEST

KONE's share capital increases through the subscription of shares with 2014 and 2015 option rights

A total of 259,537 new KONE class B shares have been subscribed for with 2014 option rights and 5,941 new KONE class B shares with 2015 option rights. The number of subscribed KONE class B shares is 265,478 in total. The corresponding EUR 33,184.75 increase in KONE Corporation's share capital has been entered into the Finnish Trade Register on August 1, 2017. Trading of the new shares will start on August 2, 2017 on the Nasdaq Helsinki Stock Exchange with previously existing class B shares. The dividend payment rights and other rights related to the shares will commence on the date when the increase in the share capital is entered into the Trade Register.

The KONE 2014 option rights were listed on the Nasdaq Helsinki Ltd. as of April 1, 2016. KONE Capital Oy, a subsidiary of KONE Corporation, holds 133,000 KONE 2014 option rights. A maximum of 986,908 shares can be subscribed for with the remaining outstanding 2014 option rights for a subscription price of EUR 26.65 per share. The share subscription period ends on April 30, 2018.

The KONE 2015 option rights were listed on the Nasdaq Helsinki Ltd. as of April 1, 2017. KONE Capital Oy, a subsidiary of KONE Corporation, holds 131,000 KONE 2015 option rights. A maximum of 1,360,611 shares can be subscribed for with the remaining outstanding 2015 option rights for a subscription price of EUR 32.05 per share. The share subscription period ends on April 30, 2019.

KONE's share capital is EUR 65,882,313.89 after the entry into the Trade Register, comprising 450,849,799 class B shares and 76,208,712 unlisted class A shares. The terms of the 2014 and 2015 option rights and further information are available on KONE Corporation's website at www.kone.com.

 

For further information, please contact:

Sanna Kaje, Vice President, Investor Relations, tel. +358 204 75 4705

Sender:

KONE Corporation

Jukka Ala-Mello
Secretary to the Board

Ilkka Hara
CFO

About KONE

At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2016, KONE had annual net sales of EUR 8.8 billion and at the end of the year over 52,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: KONE OYJ, PL 7, Espoo 02151, Suomi
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