Bittium Corporation: Transfer of Own Shares as a Directed Share Issue based on Share-based Incentive Plan

Bittium Corporation
Changes in the own shares

Bittium Corporation: Transfer of Own Shares as a Directed Share Issue based on Share-based Incentive Plan

Bittium Corporation, Stock Exchange Release, June 1, 2023, at 1.45 pm (CEST+1)

Bittium Corporation has on June 1, 2023 transferred a total of 23854 own shares without consideration to the CEO as a share reward based on the Fixed Matching Share Plan, which the company announced with a stock exchange release on 27 April 2023.

The transfer of own shares is implemented as a directed share issue without consideration based on a decision made by the Board of Directors of Bittium Corporation. The decision of the Board is based on a share issue authorization granted by the Annual General Meeting of Shareholders on 12 April 2023.

After this transfer of own shares Bittium Corporation holds 7484 own shares.

Oulu, June 1, 2023

Bittium Corporation
The Board of Directors
 

Further information:

Kari Jokela
CLO
Tel. +358 40 344 5258
 

Distribution

Nasdaq Helsinki Oy
Main media

Bittium

Bittium specializes in the development of reliable, secure communications and connectivity solutions leveraging its over 35-year legacy of expertise in advanced radio communication technologies. Bittium provides innovative products and services, customized solutions based on its product platforms and R&D services. Complementing its communications and connectivity solutions, Bittium offers proven information security solutions for mobile devices and portable computers. Bittium also provides healthcare technology products and services for biosignal measuring in the areas of cardiology and neurophysiology. Net sales in 2022 were EUR 82.5 million and operating profit was EUR 0.3 million. Bittium is listed on Nasdaq Helsinki. www.bittium.com