Payout of earning period 2011 of the share ownership plan 2010 - 2012

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The Board of Directors of Componenta Corporation confirmed the attainment of the targets of the earning period 2011 established for the share ownership plan 2010 - 2012 as 10%. The share ownership plan 2010 - 2012 was established on 10 March 2010.

The total amount of Componenta shares to be delivered was confirmed 18,700 pcs. The shares shall be paid by delivering shares through a directed bonus issue. In addition of shares the total reward includes a cash portion to cover taxes and tax-related costs. The maximum amount of cash portion can be 1.5 times the value of the shares.

Helsinki, 24 January 2012

COMPONENTA CORPORATION

Heikki Lehtonen
President and CEO

 

For further information, please contact:

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


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.