Aktia Bank Plc: Divestment of own shares for implementation of share-based incentive scheme


Helsinki, Finland, 2015-01-15 16:00 CET (GLOBE NEWSWIRE) --  

Aktia Bank plc
Stock Exchange Release
15 January 2015 at 5 p.m.

 

Aktia Bank Plc: Divestment of own shares for implementation of share-based incentive scheme

Aktia Bank plc has today, supported by a decision taken by the company's Board of Directors, divested 39,244 series A own shares for payment of postponed rewards from the Share Based Incentive scheme 2011 and the earning periods 2011–2012 and 2012–2013 to 13 key persons included in the share based incentive scheme. 

For more information about the Share based incentive scheme 2011, see Aktia's Annual report 2013, page 14.

Following this divestment, the company's holding of own shares amounts to:

Series A 98,162
Series R 6,658

The  Annual General Meeting of Aktia Bank Plc on 7 April 2014 authorised the Board of Directors to decide on divestment of own shares e.g. for implementation of the company's incentive scheme.

 

AKTIA BANK PLC

For more information, please contact: 
Mia Bengts, Legal Counsel, tel. +358 10 247 6348

Distribution:
Nasdaq OMX Helsinki Ltd
mass media
www.aktia.com

 

Aktia Group provides a broad range of products within banking, insurance and real estate agency. Aktia operates mainly in coastal areas and inland growth areas. Aktia has about 300,000 customers who are served by 900 employees at nearly 60 branch offices and via Internet and telephone services. Aktia's shares are listed on the list of NASDAQ OMX Helsinki Ltd. For more information about Aktia see www.aktia.com