PDF
SSH COMMUNICATIONS SECURITY CORPORATION’S SHARE ISSUE DIRECTED TO THE PERSONNEL
2012-11-01 08:30:00
SSH Communications Security Corporation Company Announcement SSH COMMUNICATIONS SECURITY CORPORATION’S SHARE ISSUE DIRECTED TO THE PERSONNEL Helsinki, Finland, 2012-11-01 08:30 CET (GLOBE NEWSWIRE) -- SSH COMMUNICATIONS SECURITY CORPORATION’S SHARE ISSUE DIRECTED TO THE PERSONNEL The Board of Directors of SSH Communications Security Corporation decided on 31 October 2012 to arrange a share issue directed to the company’s and the group’s personnel. A maximum total of 1,000,000 new shares in the company will, in deviation from the shareholders’ pre-emptive right, be offered for subscription to the company’s and the group’s personnel. The company has a weighty financial reason for the deviation from the shareholders’ pre-emptive right, since the purpose of the share issue is to encourage the personnel of the company and the group to acquire and own the company´s shares. The share subscription price is based on the trade volume weighted average share price of the company’s share in NASDAQ OMX Helsinki Ltd during the term 3 September 2012 - 28 September 2012 and on discount calculated from such price. The discount for the subscription of the shares is 10 % from the prevailing share price during the aforementioned period. The average share price during the aforementioned period was EUR 0.77 per share. Therefore, the subscription price for the shares will be EUR 0.70 per share. The share subscription period will be November 2, 2012 – November 16, 2012. Approved subscriptions must be paid no later than November 30, 2012. The entire Terms and Conditions of the Share Issue are attached to this stock exchange release. The final result of the share issue will be announced estimated during week 48. The decision on the share issue is based on the authorization given by the Annual General Meeting of Shareholders held on 28 March 2012. Helsinki, November 1, 2012 SSH COMMUNICATIONS SECURITY CORPORATION Board of Directors Tatu Ylönen CEO Further information: Jyrki Lalla, CFO, Tel. +358 45 3404641 DISTRIBUTION: NASDAQ OMX Helsinki Ltd Key media ATTACHMENT: Terms and Conditions of Share Issue