Lamor Corporation Plc Stock exchange release 16 February 2024 at
The Board of Directors of
The Performance Share Plan 2024–2026 consists of one performance period, covering the financial years 2024–2026.
In the plan, the target group has an opportunity to earn Lamor’s shares based on performance. The performance criterion of the plan is tied to a volume weighted average of the share price. The potential rewards from the plan will be paid during the financial years 2025–2027.
The value of the rewards to be paid on the basis of the plan corresponds to a maximum total of 700,000
The potential reward will be paid partly in Lamor’s shares and partly in cash. The cash proportion of the reward is intended to cover taxes and statutory social security contributions arising from the reward to the participants. As a rule, no reward will be paid if the key employee’s employment or CEO contract terminates before the reward payment.
The Group Leadership Team members must hold 50 per cent of the received shares, until the value of his or her total shareholding in
Board of Directors
Further enquiries:
tel. +358 40 546 4186, johan.gron@lamor.com
Environmental protection, soil remediation and material recycling: Our innovative technologies, services and tailored solutions, ranging from oil spill response, waste management and water treatment to soil remediation and plastic recycling, benefit customers and environments all over the world.
We are capable of vast and fast operations thanks to our connected ecosystem of local partners, steered by our experts. We have over 500 employees in more than 20 countries. In 2022, our turnover was
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