Aspocomp Group - Company Announcement

ASPOCOMP GROUP PLC DIRECTED SHARE ISSUE WITHOUT CONSIDERATION BASED ON SHARE OWNERSHIP PLAN

Espoo, Finland, 2012-08-31 18:00 CEST (GLOBE NEWSWIRE) -- 
Aspocomp Group Plc, Company Announcement, August 31, 2012 at 7:00 p.m.

The board of directors of Aspocomp Group Plc has on August 31, 2012 decided on
a directed share issue without consideration for reward payments in relation to
share ownership plan for the CEO and members of the management team. 

In the share issue 58,016 new shares will be issued without consideration to
the CEO and members of the management team holding shares in the company
according to the terms and conditions of the share ownership plan. The shares
issued are expected to be registered with the Trade Register and registered in
the book-entry accounts of the recipients approximately on September 6, 2012
and to start trading on the NASDAQ OMX Helsinki approximately on September 7,
2012. 

The board of directors of the company resolved on June 5, 2012 upon share-based
incentive and commitment plans for the company's key personnel. The aim of the
reward plans is to combine the goals of the owners and the key personnel for
increasing the value of the company on a permanent basis, to commit the key
personnel to the company on a long-term basis and to offer the key personnel a
competitive reward plan based on entrepreneurship. There is thus an especially
weighty financial reason for the share issue. The decision regarding directed
share issue without consideration is based on the authorization granted to the
board of directors by the company's Extraordinary General Meeting of
shareholders held on December 20, 2011. 

In Espoo, August 31, 2012

ASPOCOMP GROUP PLC

Sami Holopainen
CEO

For further information, please contact Sami Holopainen, CEO, tel. +358 20 775
6860, sami.holopainen(at)aspocomp.com. 

www.aspocomp.com


Aspocomp: Flexibility of product design

Aspocomp Group Plc provides services for the design and manufacture of
high-tech PCBs. Aspocomp's products are used in the electronics industry, for
instance, in telecommunications networks, automobiles and many type of
industrial applications.