Share capital

When No of shares Why Price / Share Share capital
31.12.2013 167,335,073 Mergers of Kymen Puhelin, Telekarelia and PPO-Yhtiöt   83,033,008.00 €
7.11.2013 165,504,660 Cancellation of treasury shares   83,033,008.00 €
19.6.2013 167,504,660 Subscription with options   83,033,008.00 €
20.3.2013 167 174 182 Subscription with options   83,033,008.00 €
28.12.2012 167 167 782 Subscription with options   83,033,008.00 €
31.10.2012 167 138 820 Subscription with options   83,033,008.00 €
26.6.2012 166 932 020 Subscription with options   83,033,008.00 €
3.4.2012 166 761 777 Subscription with options   83,033,008.00 €
29.12.2011 166 662 763 Subscription with options   83,033,008.00 €
24.10.2011 166 339 750 Subscription with options   83,033,008.00 €
27.6.2011 166 338 400 Subscription with options   83,033,008.00 €
22.3.2011 166 324 425 Subscription with options   83,033,008.00 €
1.10.2007 166 307 586 Lounet Oy's merger into Elisa   83,033,008.00 €
15.11.2005 166 066 016 Saunalahti Group Oyj Exchange Offer   83,033,008.00 €
1.1.2005 141 989 109 Yomi Plc's merger into Elisa   70,994,554.50 €
19.9.2001 138 011 757 Extended Soon Share Exchange Offer 10,49 € 69,005,878.50 €
15.6.2001 136 283 245 Soon Share Exchange Offer 18,40 € 68,141,622.50 €
13.6.2001 127 193 079 RPO Share Exchange Offer 19,40 € 63,596,539.50 €
1.7.2000 125 065 067 Merger 48,00 € 62,532,533.50 €

Stock options

The Board of Directors of Elisa has resolved, by authorization of the Annual General Meeting of Shareholders of 19 March 2007, that stock options be issued to Elisa’s and its subsidiaries’ key personnel and to a wholly owned subsidiary of Elisa.

The option program was for 150-200 key employees  but excludes employees who belong to the top management incentive share based remuneration program adapted in 2006. Same person could not belong both to the option program and to the incentive share based remuneration program.

The stock options entitled to subscribe for a maximum total of 2,550,000 new shares or existing shares held by Elisa. The stock options were divided into three series: 2007A, 2007B and 2007C, all of which entitle to 850,000 shares. The detailed terns and conditions of this stock option scheme are here. The stock options issued constituted a maximum of 1.5 per cent of Elisa’s shares and voting rights.

Elisa’s 2007C stock options rights program has ended. With stock options were subscribed total of 1,197,074 shares.

Elisa 2007A Stock options

 Amount Sub-
scribed shares		 Original share price determination, € Price at the end, € Sub-scription
period
A* 477,850 12,375 11/ 2007; 20.84 15.72 Matured
B*
 		 582,000 580,999 11/2008; 11.89 6.87 Matured
C* 614,000 603 700 11/2009; 13.99 8.67 Matured

*A is distributed, listed and matured; B is distributed, listed and matured; C is distributed, listed and matured.

Trading of Elisa 2007C Stock Options Begins

Trading of Elisa 2007B Stock Options Begins

Trading of Elisa 2007A Stock Options Begins

Elisa's Share-based Incentive Plan in 2009-2011 and The Distribution of Series 2007C Stock Options