Share transactions related to an incentive programme by Cloetta’s management to cover personal tax liabilities
Cloetta, Northern Europe’s leading confectionery company, shares details on share allotments and planned divestments by members of its Group Management Team. The members are planning to sell shares in the company in connection with the allotment from the share-based long-term incentive programme (LTIP) 2023, which recently ended.Divestments are planned to be done by six management team members to cover the personal tax incurred in connection with the share allotment. In total, around 255,000 shares allotted within LTIP 2023 to members of the Group Management Team are planned to be sold, to