Olvi plc: Transfer of Treasury Shares Under a Matching Share Plan
Olvi plc Stock Exchange Release 17 June 2024 at 9.00 am
Olvi plc: Transfer of Treasury Shares Under a Matching Share Plan
The Board of Directors of Olvi plc has resolved on directed issuance of shares without consideration to transfer a total of 400 Olvi plc Series A shares held as treasury shares to the company's key employees under a Matching Share Plan 2022–2023. In the plan, the target group was given an opportunity to receive matching shares for their personal investment in Olvi plc series A shares. The rewards depend on the validity of the employment relationship at the time of payment.
Information on the Matching Share Plan was provided in stock exchange release on 27 May 2022.
The transfer of shares is based on an authorisation granted to the Board of Directors at Olvi plc's General Meeting of Shareholders on 26 March 2024.
After the transfer, Olvi plc holds 22.242 treasury shares.
OLVI PLC
Patrik Lundell
CEO
Further information:
Patrik Lundell, CEO, Olvi plc, tel. +358 290 00 1050
DISTRIBUTION:
NASDAQ Helsinki Ltd
Main media
www.olvi.fi