Establishment of a share-based long-term incentive scheme for the management and key employees of Neles Corporation
Neles Corporation, stock exchange release, July 1, 2020 at 18:05 EESTOn July 1, 2020, the Board of Directors of Neles Corporation decided on the establishment of a new share-based long-term incentive scheme for the company’s management and selected key employees. The decision includes a Performance Share Plan (also “PSP”) for the top management, a deferred share unit plan (also “DSUP”) for other management and selected key employees, and a Restricted Share Plan (also “RSP”) as a complementary structure for specific situations. The objectives of the share-based long-term incentive scheme