Announcement of conveyance of own shares
Raisio plc Stock exchange release 2 July 2010
ANNOUNCEMENT OF CONVEYANCE OF OWN SHARES
The Board of Directors of Raisio plc decided in June 2010 on a new incentive
plan directed to the members of the Raisio Group Management Team. The purpose of
the plan is to commit the members of the Management Team to the Company by
encouraging them to acquire and hold the Company's shares, and this way increase
the Company's shareholder value in the long run, as well as to support the
attainment of the Company's strategic objectives. As a part of the plan, the
Board of Directors decided to assign a maximum of 4,250,000 free shares held by
the Company, in a share issue against payment directed to a limited holding
company named Raisio Management Oy, acquired by the members of the Raisio Group
Management Team.
Raisio plc has on 2 July 2010 assigned a total of 4,120,000 free shares (RAIVV)
in a directed share issue decided by the Board of Directors on 23 June 2010, as
a part of the incentive plan of the Raisio Group Management Team. The assignment
value is EUR 2.58 per share and EUR 10,629,600 in total.
The number of the Company's shares will remain unchanged as free shares held by
Raisio were assigned in the share issue.
Taking into account the above-specified conveyances, the company holds a total
of 201,295 restricted shares (RAIKV) and 3,950,600 free shares (RAIVV).
Raisio plc
Heidi Hirvonen
Communications Manager
tel. +358 50 567 3060
Further information:
Janne Martti, Director, Finance and Treasury, tel. +358 50 556 6521
Distribution
NASDAQ OMX Helsinki Ltd
www.raisio.com