Konecranes Plc's option rights and change in holding of treasury shares

In accordance with Konecranes Plc’s Board of Directors’ resolution, treasury shares will be used for the share subscriptions. The subscribed shares will be delivered to the subscribers on October 17, 2013 on the basis of which the right to dividend and other shareholder rights shall commence. After the subscription and delivery of the shares, Konecranes Plc holds 5,462,012 treasury shares, the Company said in a press release. Stock options issued under Konecranes Plc’s ongoing stock option plans entitle their holders to subscribe for a total of 1,510,641 shares.

Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2012, Group sales totaled EUR 2,170 million. The Group has 11,900 employees at 626 locations in 48 countries.