|
|||
![]() |
|||
2007-06-26 16:26:55 CEST 2007-06-26 16:26:55 CEST REGULATED INFORMATION TietoEnator Oyj - Changes in company's own sharesCancellation of own shares and stock options 2002 A/BTietoEnator Corporation Stock Exchange announcement 26 june 2007 5.20 pm EET TietoEnator's Board of Directors has decided to cancel 138,350 own shares repurchased for the allocations in the three-year share based incentive plan. The repurchases of these shares were based on the programme decided by the Board of Directors on 26 April 2006. The allocations in the share based incentive plan are dependent on reaching financial performance targets set annually by the Board of Directors. The allocation regarding the year 2006 was based on TietoEnator Group's earnings per share (EPS) increasing 10 - 30% compared with 2005. As the financial targets were not met, there was no share allocation in 2007 and therefore the shares not needed for the incentive plan will be cancelled. TietoEnator's Board of Directors has also decided to cancel 77,000 stock options 2002 A/B held by Tieto Corporation Oy as all stock options 2002 have vested and there will be no further allocations. After the cancellation the total number of stock options 2002 A/B is 1,333,270 that entitle to subscribe for 1,333,270 TietoEnator shares. TIETOENATOR CORPORATION DISTRIBUTION Helsinki Stock Exchange Stockholmsbörsen Principal Media |
|||
|