Basware Performance Share Plan 2017-2019 – directed share issue
Basware Corporation, stock exchange release, May 2, 2019 at 2.15 pm EEST
The Board of Directors of Basware decided on April 11, 2019 on a directed share issue related to the reward payment for the performance period 2017-2018 of Basware's Performance Share Plan 2017-2019.
In the share issue, 26,413 shares held by the company have been conveyed without consideration to the key employees participating in the above mentioned plan in accordance with the terms and conditions of the plan.
The decision on the directed share issue is based on the authorization granted to the Board of Directors by the Annual General Meeting of Shareholders held on March 15, 2018.
After the share delivery, the company holds a total of 5,047 own shares. The share delivery will be executed by using already existing shares and the plan has no dilutive effect.
For more information, please contact:
Ben Selby, Head of Investor Relations, Basware Corporation
Tel. +358 50 305 8077, firstname.lastname@example.org
Basware (Nasdaq: BAS1V) is the global leader in providing networked source-to-pay solutions, e-invoicing and innovative financing services. Basware’s commerce and financing network connects businesses in over 100 countries and territories around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers. Find out more at http://investors.basware.com/en.
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