E SUBSCRIPTIONS BASED ON STOCK OPTIONS 2007A
20.01.2011 | Globenewswire Europe
Stock Exchange ReleaseTalvivaara Mining Company Plc
20 January 2011
SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS 2007A
A total of 34,378 Talvivaara Mining Company Plc's new shares were subscribed for
during the period between 1 September 2010 and 31 December 2010 under the
company's stock option rights 2007A. The entire subscription price of EUR
90,579.69 will be entered in the invested unrestricted equity reserve. As a
result of the share subscriptions, the number of Talvivaara Mining Company Plc
shares will increase to 245,351,096.
The shares subscribed for under the stock options were registered in the Trade
Register on 20 January 2011, as of which date the new shares will establish
shareholder rights.
Trading in the new shares will begin on NASDAQ OMX Helsinki on 21 January 2011.
The share subscription period for stock options 2007A is between 1 April 2010
and 31 March 2012. By 31 December 2010 a total of 174,378 Talvivaara Mining
Company Plc's new shares were subscribed for under the stock option rights
2007A and a total of 2,158,722 stock option rights 2007A remain unexercised.
The terms and conditions of Talvivaara Stock Options 2007 with additional
information are available on
www.talvivaara.com
ENQUIRIES
Talvivaara Mining Company Plc Tel: 358 20 7129 800
Pekka Erkinheimo, Chief Commercial Officer
Saila Miettinen-Lähde, Chief Financial Officer
Talvivaara Mining Company Plc
Talvivaara Mining Company is 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 atwww.talvivaara.com.
TALVIVAARA SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS 2007A 20.01.2011:
http://hugin.info/136227/R/1481210/416473.pdf
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Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
[HUG#1481210]
Unternehmen: Talvivaaran Kaivososakeyhtiö Oyj - ISIN: FI0009014716