Elisa's Board of Directors has approved a new share-based incentive plan for key personnel
LISA CORPORATION STOCK EXCHANGE RELEASE 31 JANUARY 2019 AT 9:15 AM
The aim of the new Restricted Share Plan 2019 is to align the objectives of the shareholders and key employees in order to increase the value of the company in the long-term, and to retain key employees at the company, and to offer them a competitive reward plan that is based on receiving the company’s shares.
The Restricted Share Plan is directed only to selected key employees in the Elisa. The vesting periods will last for 12 to 36 months. The prerequisite for reward payment is that a key employee’s employment or service is in force on the reward payment date. The rewards to be paid on the basis of the plan in 2019–2025 will amount to a maximum total of 500.000 Elisa shares including also the proportion to be paid in cash. No rewards have been allocated from the plan so far.
ELISA CORPORATION
Mr. Vesa Sahivirta
IR Director
tel. +358 50 520 5555
Distribution:
Nasdaq Helsinki
Principal media
www.elisa.com