Comptel Corporation’s Repurchase of Company’s Own Shares and Share-based Compensation to the President and CEO of Comptel


Comptel Corporation       Stock Exchange Release 1 September 2014 at 05:15 p.m.

Comptel Corporation’s Repurchase of Company’s Own Shares and Share-based Compensation to the President and CEO of Comptel Corporation

Comptel Corporation has repurchased today 35,500 company’s own shares, based the on authorization given to the Board of Directors by the Annual General Meeting, for the purposes of paying the CEO the second installment of the year 2013 share-based compensation. The repurchased shares will be conveyed to the CEO by 4th of September 2014. The paid compensation is based on the CEO’s share-based incentive plan concerning years 2011 - 2013. After this payment, the company holds a total of 239 own shares.

COMPTEL CORPORATION

 

Juhani Hintikka

President and CEO

 

For further information, please contact

Juhani Hintikka, President and CEO, tel. +358 9 7001131

 

Distribution:

NASDAQ OMX Helsinki

Major Media

www.comptel.com

 

Since 1986, Comptel has helped more than 290 service providers across 87 countries meet over one billion subscribers’ communications and infotainment needs. Comptel’s solutions are built on an event – analysis – action strategic framework that leverages the company’s strengths in event data processing and advanced predictive analytics to enable real-time action. Comptel’s service fulfillment, mediation, charging and policy control, and predictive social analytics products with implementation and professional services enable service providers to enhance customer engagement and, in turn, create revenue, reduce costs and lessen churn. Comptel has a global team of nearly 700 professionals, and net sales were EUR 83 million in 2013. For more information, visit www.comptel.com