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

KONE Corporation, stock exchange release, May 15, 2019 at 09.45 a.m. EEST

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

A total of1,303,193new KONE class B shares have been subscribed for with 2015 option rights. The corresponding EUR162,899.13increase in KONE Corporation's share capital has been entered into the Finnish Trade Register on May 15, 2019. Trading of the new shares will start on May 16, 2019 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 2015 option rights were listed on the Nasdaq Helsinki Ltd. as of April 1, 2017. The share subscription period for the 2015 option rights ended on April 30, 2019. The131,000KONE 2015 option rights in possession of Finescal Oy, a subsidiary of KONE Corporation, and the 6,110 KONE 2015 option rights not exercised during the subscription period have expired upon the expiry of the subscription period.

KONE's share capital is EUR66,174,482.53after the entry into the Trade Register, comprising453,187,148class B shares and 76,208,712 unlisted class A shares. The terms of the 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 2018, KONE had annual sales of EUR 9.1 billion, and at the end of the year over 57,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com