Glaston Corporation’s Board of Directors approves new incentive scheme for senior management

Glaston Corporation                    Stock Exchange Release           21 January 2014 at 1.00 p.m.
 

Glaston Corporation’s Board of Directors approves new incentive scheme for senior management

Glaston Corporation’s Board of Directors has approved a new long-term incentive and commitment scheme for the Group’s key personnel including senior management of the Group and its subsidiaries.

The incentive scheme is based on the development of Glaston’s share price. The scheme covers the years 2014–2016 and the possible rewards will be paid in spring 2017. The incentive scheme covers 34 key persons of Glaston.

The share-based incentive scheme for 2012–2014, announced on 12 December 2011, has been discontinued. No rewards were paid under the scheme during its period of validity.

Further information:
Arto Metsänen, President & CEO, Glaston Corporation, tel. +358 10 500 500

GLASTON CORPORATION
Agneta Selroos
Director, Communications and Marketing
 

Glaston Corporation
Glaston is a global company developing glass processing technology for architectural, solar, appliance and automotive applications. Our product portfolio ranges from pre-processing and safety glass machines to services. We are dedicated to our customers’ continued success and provide services for all glass processing needs with a lifecycle-long commitment in mind. For more information, please visit www.glaston.net. Glaston’s share (GLA1V) is listed on the NASDAQ OMX Helsinki Small Cap List.

Distribution: NASDAQ OMX Helsinki, key media, www.glaston.net