Changes in HKScan Corporation’s own shares

HKScan Corporation, Stock exchange release, 3 March 2022 at 9.00 a.m. EET

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 payment of the rewards for the Group’s Restricted Share Plan 2019-2021 and Performance Share Plan 2018 for the performance periods 2018-2020 and 2019-2021.

On 4 March 2022 a total of 236,269 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 with the terms of the plan. The establishment and central terms of the incentive plan have been announced in stock exchange releases published on 7 February 2018, 8 May 2019 and 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 will hold a total of 1,621,795 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 2021, our net sales totalled over EUR 1.8 billion.

DISTRIBUTION:

Nasdaq Helsinki
Main media
www.hkscan.com