Conveyance of Tokmanni Group Corporation’s own shares under share-based incentive program

Tokmanni Group Corporation        Stock exchange release        18 March 2020 11:15 am

A total of 43,933 of Tokmanni Group Corporation's own shares have been conveyed without consideration to the 58 employees participating in the incentive program under the terms and conditions of the plans.

 

The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 19 March 2019.

 

After the transfer of shares, Tokmanni holds 6,067 own shares as treasury shares.

 

Further Information, please contact

Markku Pirskanen, CFO

tel. +358 20 728 7390, markku.pirskanen(a)tokmanni.fi

 

Tokmanni in brief

Tokmanni is the largest general discount retailer in Finland measured by number of stores and revenue. In 2019, Tokmanni’s revenue was EUR 944.3 million and it has approximately 3,700 employees. Tokmanni is the only nationwide general discount retailer in Finland, with almost 200 stores across Finland.

 

Distribution

Nasdaq Helsinki

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