Helsinki, 2012-03-08 08:00 CET (GLOBE NEWSWIRE) -- DIGIA PLC STOCK EXCHANGE RELEASE 8 MARCH 2012 09:00
PAYMENT OF DIGIA PLC MANAGEMENT’S SHARE BONUS WITH TREASURY SHARES IN COMPANY’S POSSESSION
The Board of Directors of Digia Plc has, pursuant to the authorization of the Annual General Meeting held on 16 March 2011, resolved on an directed issue of 39,266 shares to the company’s CEO and management team without consideration in accordance with chapter 9 section 4 of the Companies Act.
The share issue will be carried out with the treasury shares in company’s possession and it shall execute the payment of shares bonuses for year 2011 pursuant to the existing management share bonus scheme.
In addition to the share bonus the management will be paid an equal amount of money to be used primarily for taxes incurred due to the bonus payment.
The share capital of Digia Plc comprises 20,875,645 shares, out of which the company will hold 90,698 shares as treasury shares after the share issue.
Digia Plc
Board of Directors
For further information
President and CEO Juha Varelius, gsm +358 400 855849, email: juha.varelius@digia.com
Distribution
NASDAQ OMX Helsinki
Financial Supervision Authority
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