Changes in HKScan Corporation’s own shares

HKscan Corporation, stock exchange release, 6 May 2021 

Changes in HKScan Corporation’s own shares

The Board of Directors of HKScan Corporation has resolved on a directed share issue without consideration related to the Group’s share-based incentive plan 2018, payment of the rewards for the performance period 2018-2020.

On 7 May 2021 a total of 141,936 HKScan Corporation’s A shares owned by the company will be transferred without consideration to the participants of the share-based incentive plan in accordance to the terms and conditions of the plan. The establishment and central terms of the incentive plan have been announced in stock exchange releases published on 7 February 2018, on 8 May 2019 and on 7 April 2021.

The transfer of own shares by a directed share issue without consideration is based on the Board’s authorization granted by the Annual General Meeting on 8 April 2021.

After the transfer HKScan holds a total of 1,858,064 own series A shares.

HKScan Corporation
Board of Directors

Further information:

Heidi Hirvonen, SVP Communications, tel. +358 10 570 6072

At HKScan, we make life tastier – today and tomorrow. Our strategic target is to grow into a versatile food company. Our responsibly produced, delicious products are part of consumers’ varied food moments – both every day and on special occasions. We have some 7,000 HKScan professionals applying more than 100 years of experience to make locally produced food. For us at HKScan, responsibility means continuous improvements and concrete actions throughout the food chain. As part of our Zero Carbon programme, we are targeting a carbon-neutral food chain from farms to consumers by the end of 2040. Our home markets cover Finland, Sweden, the Baltics and Denmark. Our strong product brands include HK®, Kariniemen®, Via®, Scan®, Pärsons®, Rakvere®, Tallegg® and Rose™. Through our strategic partnerships, we are also known for Kivikylän®, Tamminen® and Boltsi brands. HKScan is a publicly listed company, and in 2020, our net sales totalled nearly EUR 1.8 billion.

DISTRIBUTION:

Nasdaq Helsinki
Main media
www.hkscan.com