Detection Technology: Share subscription price of stock options 2018B1 and 2018B2, total number of granted stock options

Detection Technology Plc company announcement 25 October 2019 at 9:00 (EEST)

Detection Technology: Share subscription price of stock options 2018B1 and 2018B2, total number of granted stock options

On 24 October 2019, the Board of Directors of Detection Technology Plc confirmed in its meeting that the share subscription price with the stock options 2018B1 and 2018B2 is EUR 20.66, determined as the average price during the trading period of 2-27 September 2019. The share subscription price of the stock options may be decreased in certain specific cases mentioned in the stock option terms and conditions.

The Board of Directors also decided to grant in total 384,000 stock options to 60 individuals within the stock option series 2018B1 and 2018B2. The share subscription period is from 2 May 2022 until 31 May 2023.

Within the stock option program 2018, the total number of stock options granted is 760,000 to 70 individuals. On 27 September 2018, the Board of Directors decided to grant in total 376,000 stock options in the series 2018A1 and 2018A2. The terms and conditions of the stock options 2018 can be downloaded from the company’s website.

Detection Technology Plc
Board of Directors

For more information:
Hannu Martola, President and CEO
+358 500 449 475
hannu.martola@nulldeetee.com

Nordea is the company’s Certified Advisor under the Nasdaq First North GM rules.

Detection Technology Plc
Detection Technology is a global provider of X-ray detector solutions for medical, security and industrial applications. The company’s net sales totaled EUR 94 million in 2018. The company has 260 customers in 40 countries. Detection Technology employs over 500 people in Finland, China, France and the US. The company’s shares are listed on Nasdaq First North Growth Market Finland under the ticker symbol DETEC.

Distribution: Nasdaq Helsinki, key media, www.deetee.com