Outokumpu – Share rewards for programs ended in 2021
Outokumpu Oyj
Stock exchange release
February 8, 2022 at 1.10 pm EET
Outokumpu – Share rewards for programs ended in 2021
Outokumpu’s Board of Directors has approved the share rewards in Outokumpu’s share-based incentive program, Restricted Share Pool.
The total number of shares will be delivered to the participants of the Restricted Share Pool’s following plan periods by the end of April 2022:
- RSP 2019–2021: the number of gross shares is 151,000
- RSP 2021–2023: the number of gross shares is 75,532 (the first instalment of three)
Outokumpu will use its treasury shares for the reward payments, which means that the total number of shares of the company will not change.
For the Performance Share Plan 2019–2021, the targets were not met, and therefore, no share rewards were paid to the participants.
More information on share-based programs and their terms is available at: https://www.outokumpu.com/investors/governance/remuneration/share-based-incentive-programs.
For more information:
Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 40 071 9669
Media: Päivi Allenius, VP – Communications, tel. +358 40 753 7374
Outokumpu is the global leader in stainless steel. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs some 9,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com