AI assistant
Vaisala Oyj — Share Issue/Capital Change 2018
Feb 7, 2018
3246_rns_2018-02-07_76a1e8cb-0fd7-458d-9ce2-0b78e3ac88fd.html
Share Issue/Capital Change
Open in viewerOpens in your device viewer
The Board of Directors of Vaisala Corporation Resolved on Key Employees' Share-Based Incentive Plan
The Board of Directors of Vaisala Corporation Resolved on Key Employees' Share-Based Incentive Plan
Vaisala Corporation
Stock Exchange Release
February 7, 2018 at 2:35 p.m. EET
The Board of Directors of Vaisala Corporation Resolved on Key Employees' Share-
Based Incentive Plan
Vaisala's Board of Directors has resolved for the Group key employees a share-
based incentive plan that is based on the development of Group's profitability
in calendar year 2018. The reward will be paid partly in the company's series A
shares and partly in cash in spring 2021. The cash proportion will cover taxes
and tax-related costs arising from the reward to a key employee. No reward will
be paid if a key employee's employment or service ends before the reward payment
date. The maximum amount of this plan corresponding to 160,000 shares will be
paid depending on the number of entitled persons at the end of vesting period.
For further information, please contact:
Kaarina Muurinen, CFO
Tel. +358 40 577 5066, [email protected]
Distribution
Nasdaq Helsinki
Key media
www.vaisala.com
Vaisala is a global leader in environmental and industrial measurement. Building
on over 80 years of experience, Vaisala provides observations for a better
world. We are a reliable partner for customers around the world, offering a
comprehensive range of innovative observation and measurement products and
services. Headquartered in Finland, Vaisala employs approximately 1,600
professionals worldwide and is listed on the Nasdaq Helsinki stock exchange.
www.vaisala.com www.twitter.com/VaisalaGroup
[]