Vantaa, Finland, 2011-04-26 16:00 CEST (GLOBE NEWSWIRE) --
Cramo Plc Stock Exchange Release 26 April 2011 at 5.00 pm Finnish time (GMT+2)
Notification Under Chapter 2, Section 10 of The Finnish Securities Market Act
Cramo Plc (”Cramo”) has on 21 April 2011 informed of the final result of the rights offering. Based on the underwriting agreement described in the flagging notice published on 25 March 2011, no shares were subscribed for by Pohjola Bank plc or the business unit of Handelsbanken Capital Markets, Svenska Handelsbanken AB (publ). in the rights offering. Therefore, the possible holding announced in the flagging notice published on 25 March 2011 is also not realised.
1. Identity of the issuer of the shares:
Cramo Plc, Business ID 0196435-4
2. Grounds of the notification:
An agreement or other arrangement that, when effected, results in the acquisition or conveyance of shares or votes
3. Full name of the person subject to the notification obligation:
OP-Pohjola osk, Business ID 0242522-1
4. Date of the transaction and date of exceeding, falling short of or reaching the threshold:
The final result of the rights offering was published on 21 April 2011
5. Flagging thresholds that may be exceeded:
OP-Pohjola osk. does not exceed or fall short of the flagging thresholds
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1. Identity of the issuer of the shares:
Cramo Plc, Business ID 0196435-4
2. Grounds of the notification:
An agreement or other arrangement that, when effected, results in the acquisition or conveyance of shares or votes
3. Full name of the person subject to the notification obligation:
Handelsbanken Capital Markets, Svenska Handelsbanken AB (publ, Business ID 502007-7862) Business unit
4. Date of the transaction and date of exceeding, falling short of or reaching the threshold:
The final result of the rights offering was published on 21 April 2011
5. Flagging thresholds that may be exceeded:
Handelsbanken Capital Markets, Svenska Handelsbanken AB (publ) Business unit does not exceed or fall short of the flagging thresholds
CRAMO PLC
Vesa Koivula
President and CEO
Further information
Vesa Koivula, President and CEO, Cramo Plc, tel: +358 40 510 5710
Martti Ala-Härkönen, CFO, Cramo Plc, tel: +358 40 737 6633
Distribution
NASDAQ OMX Helsinki Ltd.
Major media
www.cramo.com
Cramo is a service company specialising in construction machinery and equipment rental and rental-related services, as well as the rental and sale of modular space. As one of the industry's leading service providers in the Nordic countries and Central and Eastern Europe, Cramo operates in fifteen countries with approximately 400 depots. With a group staff close to 2,400, Cramo's consolidated sales for 2010 was EUR 500 million and Cramo shares are listed on the NASDAQ OMX Helsinki Ltd. For further information, please visit www.cramo.com.