Etteplan disposed company-held shares
ETTEPLAN OYJ STOCK EXCHANGE RELEASE MAY 2, 2013 AT 2.00 P.M.
ETTEPLAN DISPOSED COMPANY-HELD SHARES
The Board of Directors of Etteplan Oyj has in its meeting held on February 14, 2013 made a resolution upon disposal of company-held shares pursuant to the authorization granted to it by the Annual General Meeting of Shareholders’ held on March 30, 2012. The authorization was renewed in the Annual General Meeting on March 27, 2013.
In accordance with the decision by the Board of Directors, Etteplan Oyj has, on April 30, 2013, disposed 9,511 company-held shares as the remuneration for the 2012 earnings period for 16 employees who are part of share-based incentive plan. The price per share of the transferred shares is EUR 3.10, which is the volume weighted average quotation of Etteplan Oyj share on April 30, 2013. Accordingly, the total transaction price of the transferred shares is EUR 29,484.10.
In the financial statement release, published on February 14, 2013, the company informed the amount of disposable shares to be 9,752. The change in the number of disposed shares is due to a change in the number of key personnel in the incentive plan.
After the disposal of company-held shares Etteplan Oyj holds 461,791 own shares.
Etteplan Oyj has on March 10, 2011 published a stock exchange release of the share-based incentive plan.
Hollola, May 2, 2013
Board of Directors
Juha Näkki, President and CEO, tel. +358 400 606 372
NASDAQ OMX Helsinki
Etteplan provides engineering services and technical product information solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products.
In 2012, Etteplan had turnover of EUR 134.5 million. The company has more than 1,700 professionals in Finland, Sweden, the Netherlands and China. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.