The Board of Directors of Componenta Corporation has on 19 April 2011 resolved on the reward payments from the earning period 2010 of the share-based incentive scheme of Componenta Group to be paid through a directed share issue according to the realized earning criteria approved by the Board of Directors in January 2011.
The amount of shares in directed share issue was specified from the amount earlier indicated and it is 41,940 Componenta Corporation shares. The shares have been registered in the Trade Register on 4 May 2011 and they will be conveyed without consideration to the key personnel participating in the share-based incentive scheme according to its terms and conditions. The number of Componenta Corporation’s shares is 17,499,738 after the Trade Register entry of the new shares.
Conveying new shares through a directed share issue is based on the authorization granted to the Board of Directors by the Extraordinary General Meeting of Shareholders held on 8 September 2009.
Helsinki, 6 May 2011
COMPONENTA CORPORATION
Heikki Lehtonen
President and CEO
Further information:
Heikki Lehtonen
President and CEO
tel. +358 10 403 00
Mika Hassinen
CFO
tel. +358 10 403 00
Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 452 million in 2010. The Group employs approx. 4,400 people. Componenta's shares are quoted on the NASDAQ OMX Helsinki. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers who are manufacturers of vehicles, machines and equipment.
Componenta Corporation
Panuntie 4
FI-00610 Helsinki, Finland
Tel. +358 10 403 00
Fax +358 10 403 2721
www.componenta.com
