Panostaja Oyj - Company Announcement

PAYING PANOSTAJA OYJ BOARD MEMBERS’ FEES IN THE FORM OF SHARES HELD BY THE COMPANY

Panostaja Oyj                       Stock Exchange Bulletin, 4th June 2015,
16.00 p.m. 

PAYING PANOSTAJA OYJ BOARD MEMBERS' FEES IN THE FORM OF SHARES HELD BY THE
COMPANY 

With reference to Board meeting fees, Panostaja Oyj's AGM decided on 2nd
February 2015 that about 40% of the fee paid to a board member should be paid
in accordance with the share issue authorisation given to the Board by
transferring company shares to each Board member unless a Board member should
already own more than one per cent of the total share capital on the date of
the AGM. If a Board member's holding in the company on the date of the AGM
should exceed one per cent of the total share capital, the fee shall be paid
fully in cash. Panostaja Oyj's Board also decided at its organisational meeting
held upon completion of the AGM to implement the AGM decision concerning Board
member fees paid as shares in such a way that shares are transferred on a
quarterly basis on the date following publication of the quarterly/annual
report. 

According to decisions taken at the AGM and by the Board, Panostaja Oyj
transferred to Board members a total of 13,954 shares as part of their Board
meeting fees as follows: 

A total of 4,650 shares were transferred to the chairman of the Board Jukka
Ala-Mello. As a result of the transfer, his holdings in Panostaja Oyj and other
instruments issued by Panostaja Oyj amount to 157,216 shares. 

A total of 2,326 shares were transferred to Board member Eero Eriksson. As a
result of the transfer, his holdings in Panostaja Oyj and other instruments
issued by Panostaja Oyj amount to 42,209 shares. 

A total of 2,326 shares were transferred to Board member Hannu Tarkkonen. As a
result of the transfer, his holdings in Panostaja Oyj and other instruments
issued by Panostaja Oyj amount to 68,066 shares. 

A total 2,326 shares were transferred to Board member Antero Virtanen. As a
result of the transfer, his holdings in Panostaja Oyj and other instruments
issued by Panostaja Oyj amount to 25,594 shares. 

A total of 2,326 shares were transferred to Board member Jukka Terhonen. As a
result of the transfer, his holdings in Panostaja Oyj and other instruments
issued by Panostaja Oyj amount to 65,594 shares. 

Fees for Board member Mikko Koskenkorva have been paid fully in cash, as Mikko
Koskenkorva's holding on the date of the AGM exceeded the one per cent limit
set by the AGM. Mikko Koskenkorva's holdings in Panostaja Oyj and other
instruments issued by Panostaja Oyj amount to 1,245,139 shares. 

As a result of the transfer, the company holds a total of 356,352 shares.



PANOSTAJA OYJ, BOARD OF DIRECTORS



Juha Sarsama

CEO

For further information, please contact Juha Sarsama +358 40 774 2099



Panostaja is an investment company developing Finnish SMEs in the role of an
active majority shareholder. The company aims to be the most sought-after
partner for business owners selling their companies as well as for the best
managers and investors. Together with its partners, Panostaja increases the
Group's shareholder value and creates Finnish success stories. After the Flexim
transaction, Panostaja Oyj operates in eight business areas, and Panostaja
Group employs some 1.300 staff. Panostaja's share (PNA1V) is quoted on the
Nasdaq Helsinki Stock Exchange. In the 2014 financial period, the Group's
official net sales totaled MEUR 154.8. 

www.panostaja.fi