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2010-05-26 08:00:00 CEST 2010-05-26 08:00:01 CEST REGULATED INFORMATION Lassila & Tikanoja - Changes in company's own sharesBOARD OF DIRECTORS DECIDES ON A DIRECTED BONUS ISSUE AS A PART OF SHARE-BASED INCENTIVE PROGRAMMELASSILA & TIKANOJA PLC STOCK EXCHANGE RELEASE 26 May 2010 9.00 am BOARD OF DIRECTORS DECIDES ON A DIRECTED BONUS ISSUE AS A PART OF SHARE-BASED INCENTIVE PROGRAMME Pursuant to the authorisation issued by the Annual General Meeting held on 31 March 2010, the Board of Directors of Lassila & Tikanoja plc has decided on 25 May 2010 on a directed bonus issue, in which a total of 49,242 shares held by the company will be issued to the company's key personnel, as a part of the rewards for the year 2009 of the share-based incentive programme. These shares represent approximately 0.1% of the total number of shares and votes. The intention is that the shares granted in the bonus issue will be assigned to their recipients on 4 June 2010 after which date the shares will carry the same shareholder rights as other shares. The company published a stock exchange release concerning the share-based incentive programme on 25 March 2009. LASSILA & TIKANOJA PLC Ville Rantala CFO For additional information please contact Ville Rantala, CFO, tel. +358 50 385 1442 or Keijo Keränen, IR Manager, tel. +358 50 385 6957. Lassila & Tikanoja specialises in environmental management and property and plant support services and is a leading supplier of wood-based biofuels, recovered fuels and recycled raw materials. With operations in Finland, Sweden, Latvia and Russia, L&T employs 8,700 persons. Net sales in 2009 amounted to EUR 582 million. L&T is listed on NASDAQ OMX Helsinki. Distribution: NASDAQ OMX Helsinki Major media www.lassila-tikanoja.com |
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