Stock exchange release
On
The Plan was established to encourage the target group to invest in Fiskars shares. The aim is to align the objectives of the shareholders and the management for increasing the value of the company in the long-term, to commit the target group to the company and to offer a competitive incentive program.
For reference purposes only (noting that the market value of the shares will constantly change), calculated based on the volume weighted average price of Fiskars share on
Matching shares will be paid as new shares or treasury shares held by to company, as decided later by the Board.
Directed Share Issue against Payment for the new participants of Ownership Plan 2023
A maximum total of 25,786 treasury shares held by the company will, in deviation from the shareholders' pre-emptive right, be offered in the share issue for subscription to the new participants of Fiskars Ownership Plan 2023. The company has a weighty financial reason for the deviation from the shareholders' pre-emptive right since the purpose of the share issue is to encourage the target group to acquire and own the company's shares as a part of the Plan.
The subscription period of the shares will be
The resolution on the directed share issue against payment is based on the authorization by the Annual General Meeting of Shareholders held on
Further information:
About
We are driven by our common purpose: Pioneering design to make the everyday extraordinary. In 2024, we are celebrating our 375th anniversary. Since 1649, we have designed products of timeless, purposeful, and functional beauty, while driving innovation and sustainable growth.
Read more: fiskarsgroup.com
https://news.cision.com/fiskars-corporation/r/fiskars-corporation-offers-the-ownership-plan-for-the-company-s-management-to-new-participants,c3924761
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