Cramo Plc Stock Exchange Release 17 May 2019 at 9.00 am (EET)

Cramo Employee Share Savings Plan 2015 - directed share issue

The Board of Directors of Cramo Plc has on 30 April 2019 decided on a directed share issue related to the Matching share payment of the company’s employee share savings plan One Cramo Share Plan 2015.

In the share issue, 6,033 Cramo shares held by the company have been conveyed without consideration to the key employees participating in One Cramo Share Plan in accordance with the terms and conditions of the plan.

The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 28 March 2019. According to the authorisation, a maximum of 400,000 shares may be issued as part of the company´s share-based incentive programmes.

After the share delivery on 16 May 2019, the company holds a total of 7,857 own shares.

CRAMO PLC

Leif Gustafsson
President and CEO

Further information:
Mr Aku Rumpunen, CFO, tel: +358 40 556 3546, e-mail: aku.rumpunen@cramo.com

Distribution:
Nasdaq Helsinki Ltd.
Major media
www.cramogroup.com

Cramo is Europe’s second largest rental services company specialising in construction machinery and equipment rental and rental-related services as well as the rental of modular space. Cramo operates in about 300 depots in 14 countries. With a group staff around 2,700, Cramo's consolidated sales in 2018 was EUR 780 million. Cramo shares are listed on Nasdaq Helsinki Ltd.

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