Digia Oyj - Company Announcement

NEW SHARE INCENTIVE SCHEME FOR DIGIA'S MANAGEMENT

Helsinki, 2015-03-12 12:50 CET (GLOBE NEWSWIRE) -- DIGIA PLC STOCK EXCHANGE
RELEASE  12.3.2015  AT 1.50 PM 


NEW SHARE INCENTIVE SCHEME FOR DIGIA'S MANAGEMENT

Digia's Board of Directors has decided to launch a new share incentive scheme
for the President and CEO and other top management. According to Board's
decision there will be two separate bonus schemes, one for the domestic
business and another for the Qt business. Schemes are intended to combine the
interests of the shareholders and company's management for the increase of the
company's value. Furthermore, the schemes target to have the management
committed to the company and offer them a competitive incentive scheme based on
share ownership. New schemes will replace the earlier decided share bonus
scheme intended to run until 2016. 

Domestic scheme will cover three earning periods, which are years 2015-2017.
Earning criteria will be the earning per share (EPS) value and net sales during
the respective earning period as to be specified by the Board annually in more
detail. Under the scheme the CEO and other domestic key employees are jointly
entitled to a maximum total bonus equal to the value of 115,000 Digia Plc
shares for each earning period respectively. All bonuses under the scheme will
be paid in a 50/50 combination of shares and cash. The cash payment is used
primarily to cover taxes and other applicable fees and levies incurred from the
bonus payment. 

Qt-scheme has one earning period reaching until March 2018. The potential
reward from the scheme will be based on the total shareholder return (TSR) of
the Digia share at the end of the earning period. Should the established
targets for the Digia share TSR be reached in full, the CEO and other Qt key
employees will jointly be entitled to a maximum total bonus equal to the value
of 985,000 Digia Plc shares at the end of the earning period. All bonuses under
the scheme will be paid in combination of shares and cash. In cash will be paid
an amount required to cover taxes and other applicable fees and levies incurred
from the bonus payment, whereafter the remaining part of the bonus will be paid
to the recipient in shares. 

Terms of said schemes are discussed in more detail in the Statement on Digia
Management Emoluments available at www.digia.com. 

Company and Evli Alexander Management have in place an agreement on
coordination of company's share bonus schemes and management and payment of
thereto related shares in accordance with their terms. 


Digia Plc
Board of Directors

For further information:
President and CEO Juha Varelius, tel. +358 10 313 3000


Distribution
NASDAQ OMX Helsinki
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