Oriola-KD Corporation's Board of Directors decides on a directed bonus issue as a part of share-based incentive scheme
(Thomson Reuters ONE) -
Oriola-KD Corporation Stock Exchange Release 8 March 2010 at 1.45 p.m.
Pursuant to the authorisation granted to it by the Annual General Meeting of 13
March 2007, the Board of Directors of Oriola-KD Corporation has today decided on
a directed bonus issue, in which a total of 209,300 class B treasury shares will
be issued to the company's President and CEO and to certain other members of the
Group Management Team and the extended Group Management Team, as part of the
Group's share-based incentive scheme for its top management. These shares
represent approximately 0.14 per cent of the total number of shares and
approximately 0.02 per cent of the total number of votes.
The class B shares granted in the bonus issue are estimated to be assigned to
their recipients on 19 March 2010, after which date the shares will carry the
same shareholder rights as other class B shares, including the right to
dividends for the 2009 financial year.
Oriola-KD Corporation
Eero Hautaniemi
President and CEO
Thomas Heinonen
General Counsel
Distribution:
NASDAQ OMX Helsinki Ltd.
Key media
Released by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola-kd.com
[HUG#1391651]
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Datum: 08.03.2010 - 06:46 Uhr
Sprache: Deutsch
News-ID 1010955
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