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2009-08-05 08:15:00 CEST 2009-08-05 08:15:00 CEST REGULATED INFORMATION Raisio - Changes in company's own sharesANNOUNCEMENT OF CONVEYANCE OF OWN SHARESRaisio plc Stock exchange announcement 5 August 2009 at 9:15 am ANNOUNCEMENT OF CONVEYANCE OF OWN SHARES Raisio plc's Board of Directors decided in May 2008 to set up a three-year share-based incentive scheme as a part of the incentive and reward system offered to Raisio's key personnel. The goal is to integrate the targets of shareholders and key employees in order to increase the company's market capitalisation, to enhance the key employees' commitment to the company and to offer them a competitive reward system based on share ownership. Rewards are paid as a combination of shares and cash. Cash payments are to cover the taxes and fiscal fees arising from share-based rewards. On 5 August 2009, following a decision by Raisio plc's Board of Directors, 334,500 free shares owned by the company have been conveyed (other conveyance) to the 13 persons involved in the scheme as a reward for the scheme's first earnings period (financial year 2008). The assignment value is EUR 2.083 per share and EUR 696,763.50 in total. Taking into account the above-specified conveyance, the company holds a total of 201,295 restricted shares (RAIKV) and 8,813,551 free shares (RAIVV). RAISIO PLC Heidi Hirvonen Communications Manager tel. +358 50 567 3060 Distribution NASDAQ OMX www.raisio.com |
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