New Treasury Shares of Biotie Therapies Corp registered with the Trade Register
BIOTIE THERAPIES CORP. Â Â STOCK EXCHANGE RELEASE Â Â 8 January 2014, at 10.30 am
New Treasury Shares of Biotie Therapies Corp registered with the Trade Register
The new shares issued in accordance with the resolution passed by the Board of
Directors of Biotie Therapies Corp. ("Company") on 2 January 2014 have been
registered with the Trade Register today on 8 January 2014. A total of
3,321,660 new shares ("Treasury Shares") were issued to the Company itself
without consideration for the purposes of being conveyed to employees entitled
to them pursuant to the terms and conditions of the Stock Option Plan 2011 and
the Equity Incentive Plan 2011 ("Plans").
The Treasury Shares will be entered into the book-entry system maintained by
Euroclear Finland Ltd. The registered new shares can be traded together with the
Company's current series of shares on the stock exchange list of NASDAQ OMX
Helsinki Ltd on 9 January 2014.
Biotie has 456,032,398 shares in total of which 446,213,948 are outstanding
shares. Should all the Treasury Shares issued be conveyed to employees pursuant
to the Plans, then this will represent a 0.74 per cent of the current
outstanding shares. The total number of the Company's shares after the share
issue held by the Company or its fully owned subsidiary is 9,818,450 shares
(2.15 per cent).
In Turku, 8 January 2014
Biotie Therapies Corp.
Timo Veromaa, President and CEO
For further information, please contact:
Virve Nurmi, Biotie Therapies Corp.
tel. +358 2 274 8900, e-mail: virve.nurmi@biotie.com
www.biotie.com
Distribution:
NASDAQ OMX Helsinki Ltd
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Source: Biotie Therapies Oyj via GlobeNewswire
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