Robit Oyj - Changes in company's own shares

PAYMENT OF SHARE REWARDS BY GRANTING OWN SHARES BASED ON ROBIT PLC'S LONG-TERM INCENTIVE PLAN

ROBIT PLC        STOCK EXCHANGE RELEASE         23 APRIL 2024 AT 8.15 EEST                    

PAYMENT OF SHARE REWARDS BY GRANTING OWN SHARES BASED ON ROBIT PLC’S LONG-TERM INCENTIVE PLAN

Robit Plc’s Board of Directors has decided to convey an estimated total of 4 985 of the company’s treasury shares without consideration to 11 key persons and executives covered by the Group’s long-term incentive plan in accordance with the terms and conditions of the Performance Share Plan LTI 2021–2023.

The directed share issue without consideration is based on an authorization given by the AGM held on April 3, 2024.

The shares will be transferred by May 6, 2024. After the transfer, the company holds a total of 42 205 treasury shares.

Robit Plc announced the long-term incentive plan in a stock exchange release issued on June 15, 2021.

ROBIT PLC
Board of Directors

Further information:
Markku Teräsvasara, Chairman
+358 40 641 8474
markku.terasvasara@gmail.com

Distribution:
Nasdaq Helsinki Ltd
Key media
www.robitgroup.com

Robit is the expert focused on high quality drilling consumables for mining and construction markets globally to help you drill Further. Faster. Robit strives to be world number one company in drilling consumables. Through our high and proven quality Top Hammer, Down the Hole and Geotechnical products, and our expert services, we deliver saving in drilling costs to our customers. Robit has its own sales and service points in seven countries and an active distributor network through which it sells to more than 100 countries. Robit’s manufacturing units are located in Finland, South Korea, and the UK. Robit’s shares are listed on Nasdaq Helsinki Ltd. Further information is available at www.robitgroup.com.