The Board of Directors of Caverion Corporation has decided on a directed share issue without consideration for the payment of the first reward instalment from Caverion’s Matching Share Plan 2018–2022.
In the directed share issue without consideration, 293,540 Caverion Corporation shares held by the company have on 14 May 2019 been conveyed to key employees included in the Matching Share Plan 2018–2022. The shares will be delivered as a reward from the matching period 1 March 2018 – 28 February 2019. The launch of the plan and its main terms and conditions have been published in a stock exchange release on 7 February 2018.
The conveyance of shares through the directed share issue without consideration is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 25 March 2019.
Prior to the directed share issue, Caverion held a total of 3,240,829 of its own shares, of which 2,947,289 own shares remain with the company after the directed share issue.
Distribution: Nasdaq Helsinki, principal media, www.caverion.com