The Board of Directors of Suominen resolved on incentive plan for President & CEO
Suominen Corporation's stock exchange release onMay 19, 2023 at 2:00 p.m.(EEST)
The Board of Directors of Suominen Corporation has resolved to establish a new share-based incentive plan for the company’s President and CEO. The aim of the plan is to align the objectives of the shareholders and the President & CEO in order to increase the value of Suominen in the long-term, to retain the President & CEO at the company, and to offer him a competitive reward plan that is based on acquiring, receiving and accumulating the company's shares.
Under the plan the President & CEO is expected to own or acquire up to 30,000 shares of Suominen Corporation at a price formed in public trading on Nasdaq Helsinki. Suominen will match the share investment by way of the President & CEO receiving, without consideration, up to 60,000 matching shares (gross including also the proportion to be paid in cash).
The plan includes three vesting periods, June 1, 2023—June 1, 2024, June 1, 2023—June 1, 2025 and June 1, 2023—June 1, 2026. The potential reward will be paid partly in shares and partly in cash in three equal installments after each vesting period, provided that the President & CEO’s service in the company is in force at the time of the reward payment. The cash proportion is intended to cover taxes and tax-related costs arising from the rewards to the President & CEO.
SUOMINEN CORPORATION
Further information:
Klaus Korhonen, SVP, HR & Legal tel. +358 10 214 30 70
Suominen manufactures nonwovens as roll goods for wipes and other applications. Our vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens are present in people’s daily life worldwide. Suominen’s net sales in 2022 were EUR 493.3 million and we have over 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki. Read more at www.suominen.fi.
Distribution:
Nasdaq Helsinki
Main media
www.suominen.fi
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Cortus Energy mottar en beställning av ett bränsleverifieringstest till Japan25.4.2024 14:29:13 CEST | Pressemelding
Stockholm, den 25 april 2024 PRESSMEDDELANDE Cortus Energy har idag fått en beställning från Forest Energy om ett bränsleverifieringstest till ett värde om 170 000 SEK för ett japanskt pappersbruk. Uppdraget kommer att genomföras under sommaren 2024 och syftar till att klarlägga möjligheten att använda en restfraktion av pappersmassa för syngasproduktion med WoodRoll® på det japanska pappersbruket. ”Det är väldigt kul attse marknadsaktörerundersöka förutsättningarna för att använda WoodRoll®i nära anslutning med sina industriella processer. Det ska bli spännande att se vilka möjligheter detta test kan ge upphov till.” Kommenterar Rolf Ljunggren, t.f. VD. För mer information, vänligen kontakta: Rolf Ljunggren, tf. VD, Cortus Energy AB (publ) E-post: rolf.ljunggren@cortus.se Telefon: +46 (0)8 588 866 30 Om Cortus Energy AB (publ) Cortus Energy AB utvecklar och marknadsför den unika WoodRoll®-teknologin som förgasar biomassa på ett nytt innovativt sätt som resulterar i en rad unika fördel
Sportradar Appoints Craig Felenstein as Chief Financial Officer25.4.2024 14:00:00 CEST | Press release
ST. GALLEN, Switzerland, April 25, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD)(“Sportradar” or the “Company”) today announced that Craig Felenstein has been named Chief Financial Officer of the Company, effective June 1, 2024. Felenstein joins the Company from Lindblad Expeditions (NASDAQ: LIND) where he most recently served as Chief Financial Officer. He will report directly to Sportradar Chief Executive Officer Carsten Koerl. Felenstein brings nearly 30 years of senior finance and operating experience for US publicly listed companies across the media, entertainment, experiential and digital content industries to his new position at Sportradar. Most recently, Felenstein served as Chief Financial Officer at Lindblad Expeditions, a global leader in expedition cruises and adventure travel, where he oversaw the company’s global finance organization, as well their corporate development, information technology and human resources functions. In his role as Sportradar's Chief
Invitation to Harvia’s Capital Markets Day on 29 May 202425.4.2024 14:00:00 CEST | Press release
Harvia Plc press release 25 April 2024 at 3:00 p.m. EEST Harvia invites investors, analysts and media representatives to its Capital Markets Day on Wednesday, 29 May 2024 at 10:30 a.m. EEST. The Capital Markets Day will be held as a hybrid event. Institutional investors, analysts and media representatives are welcome to attend the event in Muurame, Teollisuustie 1–7, Finland. The Capital Markets Day can also be followed as a live webcast at https://harvia.videosync.fi/2024-05-29-cmd. A recording of the webcast and materials will be available after the event at www.harviagroup.com. CEO Matias Järnefelt and other members of Harvia’s Management Team will host the event. During the CMD, the Management Team will present Harvia’s strategy update and targets as well as other topical themes. Those participating in the event on site are requested to register by email to ir@harvia.com by 17 May 2024. Harvia will provide transportation from Helsinki to Muurame and back. In Muurame, the day will a
SUPPLEMENT – Inside information: Meriaura Group's board has conditionally decided to sell Meriaura's minority ownership to Meriaura Invest to rearrange the group's financing25.4.2024 14:00:00 CEST | Press release
Meriaura Group Plc Company announcement, Inside information 25 April 2024 at 14.00 (CEST) SUPPLEMENT – Inside information: Meriaura Group's board has conditionally decided to sell Meriaura's minority ownership to Meriaura Invest to rearrange the group's financing With this release, Meriaura Group Plc supplements the company announcement issued earlier today on April 25, 2024, at 8:30 (CEST). The supplement includes the legal forms of the companies mentioned in the first paragraph of the announcement, as well as the position within the group and the current estimate of the amount of minority ownership of Meriaura Ltd potentially to be sold in the arrangement under discussion. To rearrange the overall financing situation of the group, the Board of Directors of Meriaura Group Plc ("Meriaura Group") has made a conditional decision to sell the minority ownership of its subsidiary, Meriaura Ltd ("Meriaura"), engaged in maritime logistics, to the largest shareholder of the group, Meriaura Inv
Vegard Søraunet avböjer omval till SkiStars styrelse vid årsstämman i december25.4.2024 14:00:00 CEST | Pressemelding
Valberedningen inför årsstämman i december 2024 tillsatt Styrelseledamoten i SkiStar AB (publ) Vegard Søraunet har meddelat SkiStars valberedning att han avböjer omval vid SkiStars årsstämma, som avses hållas i december 2024. Detta till följd av ägarförändring i Nordic Ski & Mountains AB, som är större aktieägare i SkiStar. Søraunet, som representerar Aeternum Capital som fortsättningsvis är minoritetsägare i Nordic Ski & Mountains AB, har varit ledamot i SkiStars styrelse sedan årsstämman 2021. SkiStars valberedning kommer att arbeta för att föreslå en ersättare i den ordinarie nomineringsprocessen inför SkiStars årsstämma i december. Valberedningen inför SkiStars årsstämma 2024 utgörs, i enlighet med valberedningens instruktion, av ledamöter utsedda av SkiStars fyra största aktieägare (aktieägargrupper) per den 31 mars 2024. Valberedningen har följande sammansättning: Per Gullstrand, utsedd av Ekhaga Utveckling AB.Peder Strand, utsedd av Nordic Ski & Mountains AB.Niklas Johansson, ut