Helsinki, 2012-12-05 09:40 CET (GLOBE NEWSWIRE) -- AFFECTO PLC -- STOCK EXCHANGE RELEASE -- 5 DECEMBER 2012 at 10.40
Affecto has conveyed shares for board member remuneration
The Annual General Meeting of Shareholders held on 19 April 2012 decided that the monthly remuneration for the entire term for the board members will be paid in December 2012 so that 60 per cent of the remuneration will be paid in cash and 40 per cent will be paid in company shares.
On 5 December 2012 Affecto has conveyed 21 573 shares to the board members. The amount of shares is based on the monthly remunerations decided by the Annual General Meeting and Affecto's average share price on 3-4 December 2012.
After the transaction Affecto holds 78 427 treasury shares.
Affecto Plc
Hannu Nyman
Senior Vice President, M&A, IR
www.affecto.com
Additional information:
Hannu Nyman, tel. +358 205 777 761