Componenta Corporation’s Restricted Share Plan 2018 directed share issue without consideration
Componenta Corporation, Stock Exchange Release 10 December 2021 at 3.00 p.m. EET
The Board of Directors of Componenta has on 10 December 2021 decided on a directed share issue without consideration for the reward payments based on the Restricted Share Plan 2018. The vesting period of the plan ended in November 2021.
In the share issue, 25.369 new shares in Componenta Corporation will be issued. The shares will be entered into the Trade Register around December 29, 2021, and they will be issued without consideration to the key employees participating in the Restricted Share Plan according to the terms and conditions of the plan. Number of shares issued by the company will be increased with 25.369 shares to total of 9.517.813 shares.
The decision on the directed share issue without consideration is based on the authorization granted to the Board of Directors by the General Meeting of Shareholders held on 9 April 2021.
COMPONENTA CORPORATION
Sami Sivuranta
President and CEO
For further information, please contact:
Marko Karppinen, CFO, tel. +358 10 403 2101
Sami Sivuranta, President and CEO, tel. +358 10 403 2200
Componenta Corporation is an international technology company and Finland's leading contract manufacturer in the machine building industry. Sustainability and customer needs are at the core of the company’s broad technology portfolio. Componenta Corporation manufactures components for its customers, which are global manufacturers of machinery and equipment. The company’s stock is listed on the Nasdaq Helsinki. www.componenta.com