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2011-12-20 12:19:21 CET 2011-12-20 12:20:23 CET REGULATED INFORMATION Raisio - Company AnnouncementShare-based incentive scheme for Raisio’s British companyRaisio plc Stock Exchange Release 20 December 2011 SHARE-BASED INCENTIVE SCHEME FOR RAISIO'S BRITISH COMPANY The Board of Directors of Raisio plc has decided on a synthetic share-based incentive and commitment scheme for the management and key employees of the British subgroup Raisio UK. The purpose of the scheme is to combine the objectives of owners, management and key employees in order to increase the company's capitalisation value, to commit the management and key employees to the company and to offer them a competitive reward system based on the value of a share. The earnings period of the scheme will be 1 January 2012 - 31 December 2014. On the basis of the scheme, a cash reward corresponding to a maximum of 400,000 Raisio plc's free shares will be paid by the end of April 2015. The value of a free share will be determined by its average quotation on the NASDAQ OMX Helsinki Ltd during the period 1 March 2014 - 28 February 2015. The amount of the reward is tied to the EBIT of Raisio's Brands Division and a prerequisite for receipt of the reward is that each person appointed to the scheme will still be employed by the Raisio Group on 28 February 2015. There are some 30 people within the scheme. RAISIO PLC Heidi Hirvonen Communications and IR Manager Tel. +358 50 567 3060 Further information: Call requests to Mr Simo Palokangas, Chairman of the Board, will be forwarded by Heidi Hirvonen, tel. +358 50 567 3060. Distribution NASDAQ OMX Key media www.raisio.com |
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