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2009-08-27 11:05:00 CEST 2009-08-27 11:05:01 CEST REGULATED INFORMATION Sampo - Company AnnouncementNEW LONG-TERM INCENTIVE SCHEME FROM SAMPO IN ACCORDANCE WITH EARLIER PRACTISESAMPO PLC STOCK EXCHANGE RELEASE 27 August 2009 at 12.05 pm NEW LONG-TERM INCENTIVE SCHEME FROM SAMPO IN ACCORDANCE WITH EARLIER PRACTISE Continuity is emphasized in committing and remunerating Sampo Group's management and other key employees. Sampo plc's Board of Directors has today decided to adopt a new long-term incentive scheme 2009:1. The scheme complements earlier schemes and it is targeted at Sampo Group's management and other key employees. Altogether approximately one hundred people are participants in the scheme. The scheme includes at maximum 4.5 million incentive units and the potential payments shall be divided for the years 2011-2013. According to the new scheme, incentive rewards to be paid are based on the price of Sampo plc's A share on the NASDAQ OMX Helsinki Ltd and the payments shall be made on condition that the insurance margin, determined in the terms and conditions of the scheme, exceeds specified threshold values. Key employees holding at least 20,000 incentive units shall undertake to buy Sampo plc's A shares on NASDAQ OMX Helsinki Ltd with 30 per cent of the incentive reward after deducting taxes and other comparable charges and hold the shares for at least two years. The terms of the incentive scheme 2009:1 are available on Sampo's internet site at www.sampo.com/compensation. The starting price and a theoretical market price for the scheme are available on Sampo's internet site at www.sampo.com by 14 September 2009 at the latest. SAMPO PLC Board of Directors For additional information, please contact: Jarmo Salonen Head of Investor Relations and Group Communications Tel. +358 10 516 0030 Maria Silander Press Officer Tel. +358 10 516 0031 DISTRIBUTION: NASDAQ OMX Helsinki Financial Supervisory Authority The principal media www.sampo.com |
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