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2012-01-13 14:00:00 CET 2012-01-13 14:00:04 CET REGULATED INFORMATION F-Secure Oyj - Company AnnouncementShare-based incentive programs and change in the amount of F-Secure’s treasury sharesF-Secure Corporation Stock exchange release January 13, 2012 at 3.00 pm Share-based incentive programs and change in the amount of F-Secure's treasury shares Share-based incentive program The Board of Directors has decided to establish a new share-based and synthetic option-based incentive program, earning period 2011-2013, for its key employees. The purpose of these programs is to support company´s strategy by aligning the interests of the shareholders and the key employees in order to increase the value of the company and to commit the key employees to the company. The Board determines the metrics of the share based program and may change them according to the terms and conditions of the program. Metrics for the earning period are based on results in growth of new businesses, stock performance against peer group and earnings per share against predefined objectives. The program entitles a possibility for participants of share-based incentive program to receive a reward of F-Secure shares and cash to cover taxes. There shall be a maximum total of 2,500,000 shares and a cash payment corresponding to the registration date value of the shares. The participants in the share-based incentive program are recommended not to sell more than 50% of the received shares and to cumulate the shares from the incentive programs until the value of the shares received from the share programs equals the annual gross base salary of the employee. Change in the amount of F-Secure's treasury shares In 2008, F-Secure Board of Directors established a share-based incentive program, earning periods 2008-2010, for its key employees. The criteria set for the earnings period were Revenues and EBIT. For the 2008 earning period, F-Secure has assigned a total of 274,923 shares to the 21 participants of the F-Secure share-based incentive program as a reward payment based on the achievements in the earning criteria. The handover date for the shares was January 13, 2012. After the transfer, F-Secure Corporation holds a total of 3,732,390 of its own shares. F-Secure Corporation For more information: Taneli Virtanen, CFO, tel. +358 9 2520 5655 |
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