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FLSmidth Company Announcements

FLSmidth & Co. A/S - Share option plan

26.05.2005
Message to the Copenhagen Stock Exchange, No. 19 - 2005, 26 May 2005

Pursuant to the Danish Securities Trading Act and in continuation of Stock Exchange Announcement No 17 -2005, the following allocation of share options to executive staff and members of Corporate Management is announced:
A total of 390,000 share options have been allocated, entitling the holders to purchase 390,000 FLS B shares in the period 1 April 2007 until 1 April 2011, which are subject to FLSmidth & Co. A/S' internal rules for trading in own shares. The Black-Scholes value of the new share option plan is around DKK 7.5m, depending on the date of exercise and based on the calculations announced in Stock Exchange Announcement No. 17.
 
The share options consist of 0 allocated to the Board of Directors, 60,000 allocated to the Corporate Management and 330,000 to executive staff.
 
The Corporate Management's new share option plan, consisting of 60,000 options of the 390,000 share options, is allocated as follows:
 
Name            Jørgen Huno Rasmussen
Reason          Corporate Management
Issuer            FLSmidth & Co. A/S       
ID Code        DK0010234467
Designation    Share option
Nature of
transaction     Allotment
Trade date     25 May 2005
Market          Copenhagen Stock
                     Exchange
Number         20,000
Market
price              Option value
                     DKK 384,600
 
 
Name            Poul Erik Tofte
Reason          Corporate Management
Issuer            FLSmidth & Co. A/S
ID Code         DK0010234467
Designation    Share option
Nature of
transaction     Allotment
Trade date      25 May 2005
Market          Copenhagen Stock
                     Exchange
Number         20,000
Market
price              Option value
                     DKK 384,600
 
Name            Bjarne Moltke Hansen
Reason          Corporate Management
Issuer            FLSmidth & Co. A/S
ID Code        DK0010234467
Designation    Share option
Nature of
transaction      Allotment
Trade date      25 May 2005
Market           Copenhagen Stock
                      Exchange
Number          20,000
Market
price               Option value
                      DKK 384,600
 
 
FLSmidth & Co. A/S
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