TietoEnator Stock Options 2006
TietoEnator Corporation Corporate Action 26 March 2007 1.30 PM EET
The Annual General Meeting of TietoEnator Corporation decided on March 23, 2006 to offer free of charge a maximum total of 1,800,000 stock options for subscription by the key personnel of the TietoEnator Group as well as by a wholly-owned subsidiary of TietoEnator Corporation. The issued stock options entitle to subscribe, in total, for a maximum of 1,800,000 shares in TietoEnator Corporation. The terms and conditions of the stock options have been published via a stock exchange release on February 9, 2006.
The Board of Directors of TietoEnator decided on December 19, 2006 to allocate, in total, approximately 600,000 stock options 2006 B to about 300 key employees of the TietoEnator Group based on performance. The stock options form a part of the incentive and commitment program for the key personnel. A total of 564,800 stock options were subscribed by 262 key employees in the TietoEnator Group.
The Board of Directors of TietoEnator has approved and confirmed the subscriptions on March 26, 2007.
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