Helsinki, 2014-08-14 09:15 CEST (GLOBE NEWSWIRE) -- AFFECTO PLC -- STOCK EXCHANGE RELEASE -- 14 AUGUST 2014 at 10.15
Affecto has conveyed shares for board member remuneration
The Annual General Meeting of Shareholders held on 10 April 2014 decided that the monthly remuneration for the entire term for the board members will be paid in August 2014 so that 60 per cent of the remuneration will be paid in cash and 40 per cent will be paid in company shares.
On 14 August 2014 Affecto has conveyed 20 333 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 12-13 August 2014.
After the transaction Affecto holds 44 219 treasury shares directly and 823 000 shares indirectly through Affecto Management Oy.
Affecto Plc
Hannu Nyman
Senior Vice President, M&A, IR
www.affecto.com
Additional information:
Hannu Nyman, tel. +358 205 777 761