SHARE SUBSCRIPTION SCHEDULE UNDER TALVIVAARA STOCK OPTIONS IN 2010
06.05.2010 | Globenewswire Europe
Stock Exchange ReleaseMay 6, 2010
SHARE SUBSCRIPTION SCHEDULE UNDER TALVIVAARA STOCK OPTIONS IN 2010
The shares subscribed for under Talvivaara Mining Company Plc's stock options
2007A will be registered in the Trade Register and listed on NASDAQ OMX Helsinki
on the following target dates:
Share subscription Entry into the Trade New shares tradable
deadline Register on or about on or about
April 30, 2010 May 19, 2010 May 20, 2010
June 30, 2010 July 14, 2010 July 15, 2010
August 31, 2010 September 14, 2010 September 15, 2010
October 29, 2010 November 12, 2010 November 15, 2010
December 31, 2010 January 14, 2011 January 17, 2011
Shares will establish shareholders rights as of the date of share registration.
Subscriptions will be accepted at Evli Bank Plc.
The total number of stock options 2007A outstanding is 2,333,100 each of which
entitles its holder to subscribe for one new share in the Company. The share
subscription period for 2007A stock options began on April 1, 2010 and will
terminate on March 31, 2012. The share subscription price per share with the
option rights 2007A currently amounts to GBP 2.25. The payment for the share
subscriptions with stock options 2007 will be accepted both in pound sterling
and in euro determined by the euro reference exchange rate for the pound
sterling computed and published by the European Central Bank on the day
preceding the date of share subscription.
The terms and conditions of Talvivaara Stock Options 2007 with additional
information are available on the company's website:
www.talvivaara.com
or
www.evli.com/web/FI/en/private-clients-and-companies/other-services/incentive-pr
ograms/Talvivaara
ENQUIRIES
Talvivaara Mining Company Plc Tel: 358 20 7129 800
Saila Miettinen-Lähde, Chief Financial Officer
Pekka Erkinheimo, Chief Commercial Officer
Talvivaara Mining Company Plc
Talvivaara Mining Company aims to become 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 sufficient to support anticipated production for at least 46
years. 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 at www.talvivaara.com
.
[HUG#1412364]
Share Subscription Schedule 2010: http://hugin.info/136227/R/1412364/364595.pdf
Unternehmen: Talvivaaran Kaivososakeyhtiö Oyj - ISIN: FI0009014716