Changes in HKScan Corporation’s own shares

HKScan Corporation, Stock exchange release 2 March 2023 at 4.00 p.m. EET

The Board of Directors of HKScan Corporation has resolved on a directed share issue without consideration related to the payment of the rewards for the Group’s Restricted Share Plan 2019-2021 and Performance Share Plan 2018, performance period 2019-2021.

On 6 March 2023 a total of 115,137 HKScan Corporation’s series 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 30 March 2022.

After the transfer HKScan holds a total of 1,506,658 own series A shares.

HKScan Corporation

Board of Directors

Further information:
HKScan Media Service Desk, tel. +358 10 570 5700 or email: communications@hkscan.com
 

With 110 years of experience, we at HKScan make life tastier – today and tomorrow. Our strategic target is to grow into a versatile food company. Our home markets are Finland, Sweden and Denmark, where around 5,400 of our professionals make responsible and locally produced food for consumers’ well-known brands include HK®, Kariniemen®, Via®, Scan®, Pärsons® and Rose®. We are developing a more climate-friendly way of producing food and our Zero Carbon target is a carbon-neutral food chain by the end of 2040. HKScan is a publicly listed company, and in 2022, our net sales from continuing operations totalled over EUR 1.8 billion. www.hkscan.com

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