Ruukki Group Plc's
shares are listed on NASDAQ OMX Helsinki and LSE.
  

Share-based compensation


Incentive schemes


Option scheme 2005

The I/2005 option scheme, directed to the Group’s key persons, entitles the option holders to subscribe for a maximum of 2,700,000 new shares in the company. The share subscription period is staggered through the period of 1 July 2007 – 30 June 2015 for various options denoted with different letters, and the subscription price range is EUR 0.36–0.86 (with dividend and capital redemption adjustment). The number of Ruukki Group Plc shares can be increased by a maximum of 2,700,000 shares as a result of the subscriptions made with the I/2005 option rights. Under this option scheme a total of 1,075,000 options (representing about 0.41% of the registered number of shares) have been issued to current or previous key personnel of the Group.

Option scheme 2008

The I/2008 option scheme entitles the company's CEO Alwyn Smit to subscribe for a maximum of 2,900,000 new shares or shares that are in the possession of the company. The share subscription period for 1,450,000 stock options commences on 1 October 2009 and for 1,450,000 stock options on 1 October 2010. The subscription period ends on 31 December 2015. The share subscription price for stock options is EUR 2.26 per share (with dividend and capital redemption adjustment). The number of Ruukki Group Plc shares can be increased by a maximum of 2,900,000 shares as a result of the subscriptions made with the I/2008 option rights.

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Other option rights


The Extraordinary General Meeting decided on 28 October 2009 to issue option rights to Kermas Limited as a potential additional earn-out purchase consideration related to an acquisition. The option rights entitle the recipient to subscribe for a maximum of 73,170,731 new shares or shares that are in the possession of the company. The subscription period for the shares occurs annually within 30 business days after the approval of the additional earn-out purchase consideration and matures on 31 December 2014. The share subscription price per share is EUR 2.26 (with dividend and capital redemption adjustment). The whole paid subscription price shall be entered in the paid-up unrestricted equity fund. The number of shares in the company can be increased by a maximum of 73,170,731 new shares as a result of share subscriptions.