Announcement of conveyance of own shares
Raisio plc Stock exchange announcement 14 April 2016
ANNOUNCEMENT OF CONVEYANCE OF OWN SHARES
Raisio plc’s Board of Directors has on 17 March 2016 approved the bonuses to be paid under the share reward scheme 2013 – 2015 as well as, in order to convey the part paid in shares to key employees, decided to implement a directed share issue without payment based on the authorisation granted to the Board of Directors by the Annual General Meeting of 26 March 2015.
Raisio plc has assigned (other conveyance) a total of 295,405 free shares (RAIVV) held by the company to key employees on April 13, 2016. The assignment value is EUR 4.2263 per share and EUR 1,248,470.15 in total.
The right to dividend and other shareholder rights begin on the day on which the shares have been registered in the key employee’s book-entry account.
Taking into account the above-specified conveyance, the company holds a total of 212,696 restricted shares (RAIKV) and 7,471,852 free shares (RAIVV).
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Raisio plc is an international specialist in plant-based nutrition. Raisio’s operations are divided into two divisions: Brands and Raisioagro. The Group’s key market areas are Finland, Great Britain, the Czech Republic, Russia and Poland. Markets for cholesterol lowering Benecol products are global. Raisio plc’s shares are listed on Nasdaq Helsinki Ltd. In 2015, the Group's net sales totalled EUR 521 million and EBIT was EUR 51.7 million excluding one-off items. The Group employs some 1,800 people. Raisio’s best-known brands are Benecol, Benemilk, Elovena Honey Monster, Fox’s and Poppets. Benemilk feeds for milk production and Benecol for cholesterol lowering are Raisio’s top innovations. For more information on Raisio go to www.raisio.com/en