ASPOCOMP HAS RESOLVED UPON ISSUANCE OF A MAXIMUM OF 20.000.000 STOCK OPTIONS

Aspocomp Group Oyj   Company Announcement  April 2, 2008 at 3:30 pm 

 

ASPOCOMP HAS RESOLVED UPON ISSUANCE OF A MAXIMUM OF 20.000.000 STOCK OPTIONS

 

Referring to company announcement dated March 31, 2008 of Aspocomp Group Oyj (the “Company”), the Board of Directors has today resolved upon the issuance of a maximum of 20.000.000 stock options in a manner described in more detail in the Company’s company announcement dated March 31, 2008.

 

The stock options are issued as consideration for the amendment of the Debenture Loan I/2006 terms to those Debenture Loan I/2006 bondholders who have signed or will sign by May 31, 2008 the Amendment Agreement described in the Company’s company announcement dated March 31, 2008. To the extent that all the Debenture Loan holders do not sign the Amendment Agreement, the number of stock options will be reduced in the same proportion.

 

For further information, please contact Isto Hantila, CEO, tel. +358 9 591 8342.

 

ASPOCOMP GROUP OYJ

 

 

 

Isto Hantila

President and CEO

 

Aspocomp: Innovative interconnection solutions for the electronics industry

 

The Aspocomp Group offers and develops innovative interconnection solutions for the electronics industry in close cooperation with its customers. We are strongly positioned as a supplier of automotive industry and data communications networks. We offer our global customers a fast road to mass production through flexible and cost-effective adaptation of new technologies.

 

The Aspocomp Group’s production facilities are located close to its customers in Finland and Thailand. In 2007, the Group’s net sales stood at EUR 42 million and it had about 1,445 employees.

 

 

Distribution:

The Nordic Exchange

Major media

www.aspocomp.com