Helsinki, 2015-08-13 09:45 CEST (GLOBE NEWSWIRE) -- AFFECTO PLC -- STOCK EXCHANGE RELEASE -- 13 AUGUST 2015 at 10:45
Payment of the share based Board remuneration
Affecto announced 8 April 2015 that the Annual General Meeting has resolved that the monthly remuneration for the entire term of the board members will be paid in August 2015 so that 60 per cent of the remuneration will be paid in cash and 40 per cent will be paid in company shares.
On 13 August 2015 Affecto has conveyed 20 984 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 10-11 August 2015.
Following the issue of shares, Affecto holds 846 235 shares in treasury.
Affecto Plc
Sakari Knuutti
Director, Legal & IR
www.affecto.com
Additional information:
Sakari Knuutti +358 (0) 50 562 4077