Share subscription price and market value of Componenta Corporation’s stock options 2023A

Componenta Corporation, Stock Exchange Release, 24 May 2023 at 9.00 a.m. EEST

On 13 April 2023, the Board of Directors of Componenta Corporation decided on a new stock option plan for its key employees and its subsidiaries, by virtue of an authorization granted by the Annual General Meeting of the company on 13 April 2023.

The subscription price of the shares subscribed with the stock options 2023A is the trade volume weighted average quotation of the company’s share on Nasdaq Helsinki Ltd during the period of 21 April 2023–22 May 2023, which is EUR 3.00 per share. The share subscription price of the stock options 2023A will be reduced by the amount of share capital distributed per share and by the amount of dividends and assets distributed from the reserves of unrestricted equity per share. The stock options 2023A entitle their owners to subscribe for a maximum total of 133,348 new shares in the company or existing shares held by the company. The share subscription period of the stock options 2023A is 1 June 2026–31 May 2028.

The theoretical market value of one stock option 2023A is approximately EUR 1.3787 per stock option. The theoretical market value of the stock options is approximately EUR 183,847 in total. The theoretical market value of the stock options has been calculated by using the Black & Scholes stock option pricing model with the following assumptions: share price EUR 3.01, share subscription price EUR 3.00, risk-free interest rate 2.77%, validity of stock options approximately 5 years and volatility 48.92%.

The terms and conditions of the stock options are available on the company's website at www.componenta.com/investors.

 

Componenta Corporation

Board of Directors

 

For further information, please contact:
Sami Sivuranta, President and CEO, tel. +358 10 403 2200

Distribution:
Nasdaq Helsinki
Principal media
www.componenta.com

Componenta Corporation is an international technology company and Finland’s leading contract manufacturer in the machine building industry. Sustainability and customer needs are at the core of the company’s broad technology portfolio. Componenta Corporation manufactures components for its customers, which are global manufacturers of machinery and equipment. The company’s stock is listed on Nasdaq Helsinki. www.componenta.com