Board of Directors decides on a directed bonus issue as a part of
share-based incentive scheme
19.3.2009
Oriola-KD Corporation Stock Exchange Release 19 March 2009 at 1.15
p.m.
Pursuant to the authorisation granted to it by the Annual General
Meeting of 13 March 2007, the Board of Directors has today decided on
a directed bonus issue, in which a total of 150,480 class B treasury
shares will be issued to the company's President and CEO and to
certain other members of the Group Management Team and the extended
Group Management Team, as part of the Group's share-based incentive
scheme for its top management. These shares represent approximately
0.11 per cent of the total number of shares and approximately 0.01
per cent of the total number of votes.
The intention is that the class B shares granted in the bonus issue
will be assigned to their recipients on 26 March 2009, after which
date the shares will carry the same shareholder rights as other class
B shares, including the right to dividends for the 2008 financial
year.
Oriola-KD Corporation
Eero Hautaniemi
President and CEO
Thomas Heinonen
General Counsel
Distribution:
NASDAQ OMX Helsinki Ltd.
Key media
Released by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola-kd.com