Fiskars Corporation’s directed share issue without consideration based on the Performance Share Plan 2018–2022
Fiskars Corporation
Stock Exchange Release
February 7, 2023 at 08.50 a.m. EET
Fiskars Corporation’s directed share issue without consideration based on the Performance Share Plan 2018–2022
The Board of Directors of Fiskars Corporation has decided on a directed share issue without consideration based on Fiskars’ Performance Share Plan for years 2018–2022 in order to pay the share rewards for the performance period 2020–2022.
In the share issue, 87,361 treasury shares are issued without consideration to the key personnel participating in the performance period 2020–2022, in accordance with the terms and conditions of the Performance Share Plan 2018–2022. Information about the launch and the terms and conditions of the incentive plan have been published in a stock exchange release on February 7, 2018.
The decision on the share issue is based on the authorization granted to the Board of Directors by Fiskars Corporation’s Annual General Meeting of Shareholders held on March 16, 2022.
The shares will be delivered to the participants of the incentive plan on March 31, 2023 at the latest. After the share delivery, Fiskars Corporation will hold a total of 332,123 own shares.
FISKARS CORPORATION
Media and investor contacts:
Essi Lipponen, Director, Investor Relations, tel. +358 40 829 1192
Fiskars Group in brief
Fiskars Group (FSKRS, Nasdaq Helsinki) is the global home of design-driven brands for indoor and outdoor living. Our brands include Fiskars, Gerber, Iittala, Royal Copenhagen, Moomin by Arabia, Waterford, and Wedgwood. Our brands are present in more than 100 countries and we have approximately 350 own stores. We have close to 7,000 employees and our global net sales in 2022 were EUR 1.2 billion.
We are driven by our common purpose: Pioneering design to make the everyday extraordinary. Since 1649, we have designed products of timeless, purposeful, and functional beauty, while driving innovation and sustainable growth.
Read more: fiskarsgroup.com