Biotie Therapies Corp. Stock Exchange Release 3 June 2014 at 1 p.m.
Change in the number of votes relating to Biotie Therapies Corp.'s shares
The Swiss subsidiary of Biotie Therapies Corp. ("Biotie" or the "Company"), Biotie Therapies AG (previously Synosia Therapeutics Holding AG and Biotie Therapies Holding AG) has conveyed Biotie shares against consideration pursuant to the option programs as follows:
| May 2014 || Total (5/2011- |
| Options |
| 166,243 || 8,642,309 || 4,254,667 || |
| || || || |
The conveyance of Biotie shares relates to the option plan of Synosia Therapeutics Holding AG (currently Biotie Therapies Holding AG, "Synosia") acquired by Biotie in February 2011. According to such Synosia share option plan, options have been granted to employees, former directors and consultants. In connection with the completion of the acquisition of Synosia, the option plan was amended so that instead of shares in Synosia an aggregate maximum of 14,912,155 shares in Biotie may be subscribed based on the plan. Biotie issued these 14,912,155 shares to its current subsidiary Synosia in connection with the acquisition to be further conveyed to the option holders when they potentially exercise their option rights in accordance with the terms and conditions of the option program.
The conveyed shares previously held as Treasury shares have not carried any voting rights. The conveyance does not affect the number of registered shares.
After the conveyances the changes are as follows:
| The increase |
of the Company
| A total amount of |
| The number of the |
Company's share held
by the Biotie Group
| The total number |
| 166,243 || 447,687,142 || 8,345,256 || 456,032,398 |
| || || || |
Turku, 3 June 2014
Biotie Therapies Corp.
President and CEO
For further information, please contact:
Virve Nurmi, Biotie Therapies Corp.
tel. +358 2 274 8900
NASDAQ OMX Helsinki Ltd
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