Mariehamn, 2015-03-25 14:15 CET (GLOBE NEWSWIRE) --
Bank of Åland Plc
Stock exchange release
March 25, 2015, 15.15 p.m.
Transfer of own Series B shares for implementation of incentive programme
Today the Bank of Åland Plc (Ålandsbanken Abp) transferred 16,981 Series B shares in its own possession in order to fulfil its obligations within the framework of its incentive programme aimed at operational management and key individuals. The decision was made by the Board of Directors, as authorised by the General Meeting.
The number of shares in the Company’s possession after this transfer is 4,744 Series B shares.
On April 10, 2014, the Bank of Åland’s Annual General Meeting authorised the Board to decide on the transfer of the Company’s own shares, among other things for implementation of its incentive programme.
Bank of Åland Plc
For further information, please contact:
Peter Wiklöf, Managing Director and Chief Executive, tel +358 40 512 7505