English

AN INCENTIVE PLAN FOR KEY ELISA PERSONNEL

Report this content 
ELISA CORPORATION STOCK EXCHANGE RELEASE 3 MARCH 2006 at 10.00am


AN INCENTIVE PLAN FOR KEY ELISA PERSONNEL

The Board of Directors of Elisa Corporation has approved a new share-based
incentive plan for the Elisa Group key personnel.

The potential reward from the plan will be based on the total shareholder return
during years 2006 - 2010. The reward will be paid partly in the Company's shares
and partly in cash payment in 2008 and 2010. The proportion to be paid in cash
will cover taxes and tax-related costs arising from the reward. The President and
CEO of the Company must own half of the shares earned from the plan as long as
the service as the President and CEO continues and a Member of the Elisa
Management Group must own half of the shares earned from the plan for two years
from the receipt of the shares.

The plan is targeted to approximately 50 Elisa key people.

ELISA CORPORATION

Vesa Sahivirta
Director, IR and Financial Communication

Distribution:

Helsinki Stock Exchange
Major media

Subscribe