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2010-03-08 12:45:00 CET 2010-03-08 12:46:07 CET REGULATED INFORMATION Oriola-KD Oyj - Company AnnouncementOriola-KD Corporation's Board of Directors decides on a directed bonus issue as a part of share-based incentive schemeOriola-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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