Scanfil Oyj - Company Announcement

DECISION OF SCANFIL PLC'S BOARD OF DIRECTORS ON STOCK OPTION PLAN

SCANFIL PLC        STOCK EXCHANGE RELEASE     8 DECEMBER 2016  10.30  A.M.

DECISION OF SCANFIL PLC'S BOARD OF DIRECTORS ON STOCK OPTION PLAN

On 12 April 2016, the General Meeting of shareholders of Scanfil Plc decided to
authorise the Board of Directors to decide on granting stock options rights to
certain key personnel of the company and its subsidiaries. The total number of
option rights can be 900,000 and they entitle the key personnel to subscribe
for a combined total of 900,000 of the company's new shares or shares in
company’s possession. 

Based on the authorisation by the General Meeting, the Board of Directors has
decided to grant the CEO and members of the Management Group option rights in
all for 250,000 shares as follows:  Petteri Jokitalo 110 000 pcs, Tomi Takanen
20 000 pcs, Keijo Anttila 20 000 pcs, Kai Valo 20 000 pcs, Timo Sonninen 20 000
pcs, Mats Lundin 20 000 pcs, Markku Kosunen 20 000 pcs ja Kristoffer Asklöv 20
000 pcs. The option rights shall be marked "2016A". Each option right entitles
its holder to subscribe for one (1) of the company's new shares or shares in
its possession. The subscription period for option right 2016A is 1 May 2019 –
30 April 2021. The subscription period for the option rights included in the
option plan will not begin, unless the production and financial goals and
conditions, set separately by the Board of Directors for exercising the option
rights, are met. The option rights whose goals are not met will expire as
determined by the Board. The stock options were granted without compensation.
The subscription price of option right 2016A is EUR 3.38 which is the
trading-volume weighted average share price in the NASDAQ OMX Helsinki of the
period 1 - 31 March 2016. 

The complete terms and conditions of the options plan 2016 (A) - (C) are
enclosed with this stock exchange release and presented on Scanfil Plc's
website. 



SCANFIL PLC

Board of Directors


Additional information:
Chairman of the Board of Directors, Harri Takanen
tel. +358 8 4882 111



DISTRIBUTION      NASDAQ OMX Helsinki
                               Major media
                               www.scanfil.com


Scanfil is an international contract manufacturer and system supplier for the
electronics industry with 40 years of experience in demanding contract
manufacturing. Scanfil provides its customers with an extensive array of
services, ranging from product design to product manufacturing, material
procurement and logistics solutions. Vertically integrated production and a
comprehensive supply chain are the foundation of Scanfil’s competitive
advantages: speed, flexibility and reliability. 

Typical Scanfil products include mobile and communications network devices,
automation system modules, frequency converters, lift control systems,
analysers, various slot and vending machines, and devices related to medical
technology and meteorology. Scanfil services are used by numerous international
automation, energy, IT and health service providers, as well as companies
operating in the field of urbanisation. Scanfil’s network of factories consists
of 12 production units in Europe, Asia and North America. The total number of
employees is 3,500.

Liitteet:

Scanfil Oyj Stock-Option Scheme 2016 terms and conditions.pdf