Raisio plc: Announcement of conveyance of own shares
Raisio plc Stock Exchange Release, 16 December 2016
ANNOUNCEMENT OF CONVEYANCE OF OWN SHARES
In March 2016, Raisio plc’s Annual General Meeting decided that of the monthly reward of the Chairman and members of the Board, approximately 20% shall be paid by distributing shares held by the company and approximately 80% in cash. Rewards shall be paid in two equal lots during the term in June and in December.
Raisio plc has assigned a total of 5,214 free shares (RAIVV) on December 16, 2016 (other conveyance) as a reward to the Chairman and members of the Board for their managing duties. The assignment value is EUR 3.399 per share and EUR 17,722.39 in total.
Taking into account the above-specified conveyances, the company holds a total of 212,696 restricted shares (RAIKV) and 7,462,162 free shares (RAIVV).
Raisio plc
Heidi Hirvonen
Communications and IR Manager
tel. +358 50 567 3060
Further information:
Janne Martti, Secretary of the Board, tel. +358 50 556 6521
Raisio plc
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 1,400 people. Raisio’s best-known brands are Benecol, Benemilk, Elovena, 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
Distribution
Nasdaq
Key media
www.raisio.com