Componenta share ownership plan 2010 - 2012, Directed share issue

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The Board of Directors of Componenta Corporation has on 23 January 2012 decided on a directed share issue for the reward payment from the earning period 2011 of the Share Ownership Plan 2010 - 2012.

In the share issue 18,050 Componenta Corporation shares will be issued and conveyed without consideration to the key persons participating in the Share Ownership Plan according to the terms and conditions of the plan. Shares have been registered Trade Register on 13 April 2012.

The decision on the directed share issue is based on the authorization granted to the Board of Directors by the Extraordinary General Meeting of Shareholders held on 8 September 2009.

Helsinki, 13 April 2012

COMPONENTA CORPORATION


Heikki Lehtonen
President and CEO

 

For further information, please contact:

Heikki Lehtonen
President and CEO
tel. +358 10 403 2200

Mika Hassinen
CFO
tel. +358 10 403 2723

 

Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 576 million in 2011 and its share is listed on the NASDAQ OMX Helsinki. The Group employs approx. 4,700 people. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers who are manufacturers of vehicles, machines and equipment.