Admicom Oyj

Admicom Oyj: Key employee option program 2023


Admicom Oyj: Key employee option program 2023

Unofficial translation of the company release on December 8, 2023 at 9 AM EET. In case the document differs from the original, the Finnish version prevails.

Based on the authorization granted by the Annual General Meeting of Shareholders held on March 21, 2023, the Board of Directors of Admicom Corporation has decided to issue stock options on the enclosed terms and conditions.

The stock options shall be offered to selected key personnel of Admicom Group.

There is a weighty financial ground for the Company for the issuance of the stock options since the stock options are intended to form part of the incentive and commitment program of the key persons of Admicom Group and to motivate the key personnel to work on a long-term basis to increase the shareholder value of the company.

The maximum total number of stock options is 164 000, which entitle to subscribe for a total maximum of 164 000 shares of Admicom Corporation. Each stock option entitles to subscribe for one (1) new share or one (1) share held by the company.

Of the stock options, 82 000 stock options are marked with the symbol 2023A and 82 000 with the symbol 2023B.

The stock options will be issued free-of-charge to the key personnel of the Group

The subscription price for Shares subscribed with stock options will be:

  • for stock options 2023A, the trade volume weighted average quotation of the company’s share subject to public trading on a market maintained by Nasdaq Helsinki Ltd, rounded to the nearest cent, during the period commencing (and including) 5.10.2023 and ending (and including) 5.12.2023;
  • for stock options 2023B, the trade volume weighted average quotation of the Company’s Share subject to public trading on a market maintained by Nasdaq Helsinki Ltd, rounded to the nearest cent, during the fourty trading days following the publication date (said date excluded) of the company’s H1/2024 financial results release.

If the ex-dividend date falls on the period for determination of the subscription price, such dividend shall for the purposes of calculating the trade volume weighted average quotation be added to the trading prices from the ex-dividend date onwards. The proceedings shall be similar if the company distributes funds from the reserve for invested unrestricted equity or distributes share capital to the shareholders during said period.

The share subscription price must always be at least EUR 0.01.

The subscription price of the Shares will be recorded to the Company’s reserve for invested unrestricted equity.

The Share subscription period for Shares subscribed with the stock options will be:

  • for stock options 2023A: 1.7.2026 – 1.1.2029
  • for stock options 2023B: 1.7.2027 – 1.1.2030

The maximum number of shares which may be subscribed with the stock options, 164 000 shares, is approximately 3.29 per cent of the company’s shares on a fully diluted basis.

Admicom Oyj

Additional information:

Petri Kairinen
+358 50 303 4275



Admicom Oyj

Founded in 2004, Admicom is a forerunner in IT system development for SMEs and a comprehensive software and accounting services partner. At the core of our service package is the Adminet ERP system, which covers a wide range of solutions for managing clients' operations, from construction site mobile tools to real-time financial monitoring and project management. A highly automated SaaS solution helps SMEs improve their competitiveness and profitability and significantly saves time on site and in the office. We also provide our customers training, consulting and accounting services.

Our software suite also includes Adminet Lite, a cost-effective software and service package for small businesses, Hillava, a precision solution for mobile work control, Kotopro, a modern software solution for high-quality documentation, and Tocoman, a pioneer in project management software solutions for the construction industry, including quantity and cost calculation, scheduling and BIM3 solutions for building information modeling.

We work continuously to enhance the integration between our software solutions to provide our customers with a coherent user experience, thus enabling them to build a more profitable business by using modern software solutions.

The ever-growing Admicommunity employs more than 240 people in its offices in Jyväskylä, Helsinki, Tampere, Oulu, Seinäjoki and Turku. Further information:

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