Suominen Corporation’s conveyance of own shares based on the long-term share-based incentive plan
February 28 2022 - 7:00AM
Suominen Corporation’s conveyance of own shares based on the
long-term share-based incentive plan
Suominen Corporation's stock exchange release on February 28,
2022 at 2:00 p.m. EET
A total of 237,584 of Suominen Corporation's treasury shares
have been conveyed without consideration to 16 key employees from
the performance period 2019-2021 in accordance with the terms and
conditions of the share-based incentive plan.
The directed share issue is based on an authorization given by
the Annual General Meeting held on March 25, 2021.
Following the directed share issue on February 25, 2022, the
company holds a total of 797,077 treasury shares.
The share-based incentive plan was announced in the stock
exchange release published on January 30, 2019.
Suominen Corporation
For additional information, please contactKlaus Korhonen, SVP,
HR & Legal, tel. +358 10 214 3070
Suominen manufactures nonwovens as roll goods for wipes and
other applications. Our vision is to be the frontrunner for
nonwovens innovation and sustainability. The end products made of
Suominen’s nonwovens are present in people’s daily life worldwide.
Suominen’s net sales in 2021 were EUR 443.2 million and we have
over 700 professionals working in Europe and in the Americas.
Suominen’s shares are listed on Nasdaq Helsinki. Read more at
www.suominen.fi.Distribution:Nasdaq Helsinki Ltd.Key
mediawww.suominen.fi
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