Transfer of EAB Group’s own shares
EAB Group Plc, Stock Exchange Release, 25 February 2021, 5:00 p.m. (EET)
Transfer of EAB Group’s own shares
On 25 February 2021, EAB Group Plc transferred without consideration a total of 7,744 own shares held by the company to current key employees of the company. The transfer is related to the payment of deferred variable remuneration and is in accordance with the Company's remuneration scheme.
The regulation requires that, to the extent that a reward scheme for so-called risk-takers may result in a variable remuneration of more than €50,000 per calendar year, at least 40% of the defined variable remuneration must be deferred over a period of 3–5 years. Up to half of the remuneration payable at any given time may be paid in cash. The non-cash payment must be made in EAB Group Plc shares.
Following the transfer, EAB Group Plc holds 43,536 own shares.
EAB GROUP PLC
Board of Directors
Further information:
EAB Group Plc
Daniel Pasternack, CEO
+358 50 569 3416
daniel.pasternack@eabgroup.fi
Therese Cedercreutz, Chair of the Board
+358 40 544 2502
therese.cedercreutz@miltton.com
Elite Alfred Berg offers responsible investment and asset management services for private investors, institutions and professional investors. Elite Alfred Berg is the marketing name of the EAB Group. The Group's parent company EAB Group Plc’s shares are listed on the Nasdaq Helsinki stock exchange. The Group companies include EAB Asset Management Ltd, which offers asset management activities, and EAB Fund Management Ltd, which acts as a fund company and authorised alternative investment fund manager. The Group’s customer base consists of individuals and corporations that are served nationwide in 13 different locations. The Group employs 88 investment professionals, and more than 20 tied agents provide its services. On behalf of its clients, the Group manages assets of over EUR 3 billion. Explore EAB Group’s services at www.eabgroup.fi.
DISTRIBUTION:
Nasdaq Helsinki Oy
The main news media
www.eabgroup.fi