Commencement of a new plan period within the share-based long-term incentive scheme of Neles Corporation
Neles Corporation, Stock exchange release on December 15, 2020 at 9.25 EETThe Board of Directors of Neles Corporation has decided on the commencement of a new plan period within the share-based long-term incentive scheme targeted to Neles’ management and key employees. The scheme comprises 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. Neles originally announced the establishment of the long-