DGAP-News: KION GROUP AG / Key word(s): Miscellaneous
KION Group launches employee share programme (news with additional
features)
02.10.2014 / 10:09
---------------------------------------------------------------------
- Programme designed so that employees share in the company's development
- International version planned after launch in Germany
Wiesbaden, 2 October 2014 - The KION Group is launching a share programme
that will enable its employees to share in the company's development to a
greater extent and more directly in future. The programme, which starts on
2 October, will initially give employees in the participating German
companies of the KION Group the opportunity to acquire shares on special
terms. It is to be extended to other countries next year.
"The abilities, experience and effort that our employees put in every day
represent a vast resource for the KION Group," said Chief Financial Officer
and Labour Relations Director Thomas Toepfer. "The share programme is a
special way of showing our appreciation for what they deliver." Stefanie
Schneider, Head of Human Resources in the KION Group, emphasised: "Our aim
with this programme is to reward employees' hard work and encourage them to
remain loyal to the KION Group over the long term."
Under the rules of the programme, eligible employees will acquire blocks of
three shares and, after a three-year holding period, will receive an
additional share free of charge for each block. The first time that
employees participate, the KION Group will fund the third share of each
block of shares up to a defined upper limit, thereby making the programme
even more appealing.
Follow us on Twitter: @kion_group
The Company
The KION Group - comprising the six brands of Linde, STILL, Fenwick, OM
STILL, Baoli and Voltas - is the largest manufacturer of industrial trucks
in western and eastern Europe, the global number two in the industry and
the leading non-domestic supplier in China. The Linde and STILL brands
serve the premium segment worldwide. Fenwick is the largest supplier of
material handling products in France, while OM STILL is a market leader in
Italy. The Baoli brand focuses on the economy segment, and Voltas is a
leading provider of industrial trucks in India. The KION Group is present
in more than 100 countries and, in 2013, employed over 22,000 people and
generated revenue of EUR4.5 billion.
Disclaimer
This document and the information contained herein are for information
purposes only and do not constitute a prospectus or an offer to sell or a
solicitation of an offer to buy any securities in the United States or in
any other jurisdiction.
This release contains forward-looking statements that are subject to
various risks and uncertainties. Future results could differ materially
from those described in these forward-looking statements due to certain
factors, e.g. changes in business, economic and competitive conditions,
regulatory reforms, results of technical studies, foreign exchange rate
fluctuations, uncertainties in litigation or investigative proceedings, and
the availability of financing. We do not undertake any responsibility to
update the forward-looking statements in this release.
Further information for the media
Michael Hauger
Head of Corporate Communications
Tel.: +49 (0)611 770 655
michael.hauger@kiongroup.com
Frank Brandmaier
Head of Corporate Media Relations
Tel.: +49 (0)611 770 752
frank.brandmaier@kiongroup.com
Further information for investors
Frank Herzog
Head of Corporate Finance
Tel.: +49 (0)611 770 303
frank.herzog@kiongroup.com
Dr Karoline Jung-Senssfelder
Head of Investor Relations and M&A
Tel.: +49 (0)611 770 450
karoline.jung-senssfelder@kiongroup.com
+++++
Additional features:
Document: http://n.equitystory.com/c/fncls.ssp?u=AEBWWFOTCU
Document title: Download Press Release as PDF
---------------------------------------------------------------------
02.10.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: KION GROUP AG
Abraham-Lincoln-Str. 21
65189 Wiesbaden
Germany
Phone: +49 (0)611 770-0
Fax: +49 (0)611 770-690
E-mail: info@kiongroup.com
Internet: www.kiongroup.com
ISIN: DE000KGX8881
WKN: KGX888
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
289995 02.10.2014
DGAP-News: KION Group launches employee share programme (news with additional features)
| Source: EQS Group AG