ANNOUNCEMENT ON ASSIGMENT OF OWN SHARES
Raisio plc Stock Exchange Release 6 May 2010
ANNOUNCEMENT ON ASSIGMENT OF OWN SHARES
In May 2008, the Board of the Directors of Raisio plc decided on the three-year
share-based incentive scheme to be a part of the key personnel's incentive and
commitment scheme at Raisio Group. The purpose of the scheme is to combine the
objectives of owners and key personnel in order to increase the capitalisation
value of the company and to commit the key personnel to the company by offering
them a competitive reward system based on shareholding. The reward is paid as a
combination of the company's shares and cash. The cash payment is made to cover
the taxes and fiscal fees arising from share-based rewards.
By the decision of the Board of Directors of Raisio plc, a total of 553,056 free
shares held by the company were assigned (other assignment) to 51 persons
covered by the scheme on 6 May 2010 as a reward for the second earnings period
(financial year 2009). The value of the shares assigned is EUR 2.711 per share
totalling EUR 1,499,334.82.
Furthermore, as recognition of and reward for the successfully completed
divestment of the margarine business, the Board of Directors decided in December
2009 on a special share and cash reward. In order to pay this reward, a total of
168,000 free shares held by the company were assigned to 51 persons on 6 May
2010 by the decision of the Board of Directors of Raisio plc. The value of the
shares assigned is equally EUR 2.711 per share totalling EUR 455,448.00. The
cash payment is made to cover the taxes and fiscal fees arising from share-based
rewards.
After the now announced assignments the company holds a total of 201,295
restricted shares (RAIKV) and 8,076,510 free shares (RAIVV).
RAISIO PLC
Heidi Hirvonen
Communications Manager
tel. +358 50 567 3060
Distribution
NASDAQ OMX
www.raisio.com