Fiskars Corporation’s directed share issue without consideration based on the Performance Share Plan
Fiskars Corporation
Stock Exchange Release
March 11, 2024 at 1.50 p.m. EET
Fiskars Corporation’s directed share issue without consideration based on the Performance Share Plan
The Board of Directors of Fiskars Corporation has decided on a directed share issue without consideration based on Fiskars Group’s Performance Share Plan in order to pay the share rewards for the plan period 2021–2023.
In the share issue, 73,381 treasury shares are issued without consideration to the key personnel participating in the plan period 2021–2023, in accordance with the terms and conditions of the Performance Share Plan. Information about the launch and the terms and conditions of the incentive plan have been published in a stock exchange release on December 10, 2020.
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 15, 2023.
The shares will be delivered to the participants of the incentive plan on April 2, 2024 at the latest.
FISKARS CORPORATION
Further information:
Essi Lipponen, Director, Investor Relations, tel. +358 40 829 1192
About Fiskars Group
Fiskars Group (FSKRS, Nasdaq Helsinki) is the global home of design-driven brands for indoor and outdoor living. Our brands include Fiskars, Georg Jensen, Gerber, Iittala, Moomin Arabia, Royal Copenhagen, Waterford, and Wedgwood. Our brands are present in more than 100 countries and we have close to 450 own stores. We have approximately 7,000 employees and our global net sales in 2023 were EUR 1.1 billion.
We are driven by our common purpose: Pioneering design to make the everyday extraordinary. In 2024, we are celebrating our 375th anniversary. Since 1649, we have designed products of timeless, purposeful, and functional beauty, while driving innovation and sustainable growth.
Read more: fiskarsgroup.com