Talvivaara Mining Company Plc - Listing of Stock Options 2007B
February 17 2011 - 2:03AM
UK Regulatory
TIDMTALV
Stock Exchange Release
Talvivaara Mining Company Plc
17 February 2011
Talvivaara Mining Company Plc - Listing of Stock Options 2007B
The share subscription period for Talvivaara Mining Company Plc stock options
2007B will commence on 1 April 2011. The Board of Directors of Talvivaara has
resolved to apply for listing of stock option rights 2007B on NASDAQ OMX
Helsinki as of 1 April 2011.
A total of 2,333,100 option rights 2007B were issued. There are currently
approximately 200 key employees holding a total of 2,333,100 stock options
2007B.
Each stock option 2007B entitles its holder to subscribe for one share of
Talvivaara at a subscription price of GBP 2.625. The amount of the dividend
decided before share subscription will be deducted from the share subscription
price as per the dividend record date. The share subscription period is 1 April
2011 - 31 March 2013.
Subscriptions will be accepted at Evli Bank Plc. The payments for the share
subscriptions with Stock Options 2007 will be accepted both in pound sterling
and in euro. The share subscription price in euro will be 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.
As a result of the exercise of the outstanding stock options 2007B, the number
of the Talvivaara shares may increase by a maximum of 2,333,100 new shares,
which accounts for 1 % of the number and voting rights of the outstanding shares
after registering of the new shares.
The terms and conditions of Talvivaara Stock Options 2007 with additional
information are available on the Talvivaara website.
www.talvivaara.com
or
https://www.evli.com/web/FI/en/private-clients-and-companies/other-
services/incentive-programs/Talvivaara
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 Mining Company Plc - Listing of Stock Options 2007B:
http://hugin.info/136227/R/1489952/425567.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
[HUG#1489952]
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