Helsinki, 2013-12-04 10:30 CET (GLOBE NEWSWIRE) -- AFFECTO PLC -- STOCK EXCHANGE RELEASE -- 4 DECEMBER 2013 at 11.30
Affecto has conveyed shares for board member remuneration
The Annual General Meeting of Shareholders held on 9 April 2013 decided that the monthly remuneration for the entire term for the board members will be paid in December 2013 so that 60 per cent of the remuneration will be paid in cash and 40 per cent will be paid in company shares.
On 4 December 2013 Affecto has conveyed 13 875 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 2-3 December 2013.
After the transaction Affecto holds 64 552 treasury shares directly and 823 000 shares indirectly through Affecto Management Oy.
Senior Vice President, M&A, IR
Hannu Nyman, tel. +358 205 777 761