• news.cision.com/
  • Metsä Group/
  • Metsäliitto Cooperative's Board of Directors approves incentive scheme for Metsäliitto Group directors (4 February, 2005)
English

Metsäliitto Cooperative's Board of Directors approves incentive scheme for Metsäliitto Group directors (4 February, 2005)

Report this content 
The Board of Directors of Metsäliitto Cooperative has decided on a new
share-based incentive scheme for Metsäliitto Group directors. 


 

Any rewards payable under the scheme for 2005 will depend on the trend in the
Metsäliitto Group's operating profit (EBITA) and return on capital employed
(ROCE). Any such rewards will be paid in 2006 partly in Series B shares of
M-real Corporation, a Metsäliitto Cooperative subsidiary, and partly in cash.
The shares so awarded may not be surrendered within two years of the end of the
period in question. 

 

The scheme applies to 28 of the Metsäliitto Group's senior directors.

 

 

For more information contact:
Antti Oksanen, President / Riitta Laitinen (Secretary) tel. +358 1046 94262

Subscribe