Relais Group Plc Stock Exchange Release
New Stock Option Plans 2024A and 2024B
The Board of Directors of
Under the 2024A option plan, a maximum of 50,000 stock options will be granted, and under the 2024B option plan, a maximum of 40,000 stock options will be granted, making a total of up to 90,000 stock options. The stock options 2024A entitle their owners to subscribe for a maximum total of 50,000 new shares in the company or existing shares held by the company. The stock options 2024B entitle their owners to subscribe for a maximum total of 40,000 new shares in the company and they are issued to the Group's Swedish key employees. The stock options are issued gratuitously.
The shares subscribed for with the stock options to be issued will account for a total maximum of 0.49 per cent of all the company's shares and votes after possible share subscriptions if new shares are issued in the subscription. As a result of the share subscriptions made with the stock options, the number of shares in the company may increase by a total maximum of 90,000 shares if new shares are issued in the subscription.
The share subscription price for stock options 2024A and 2024B is
The share subscription price will be credited to the company's reserve for invested unrestricted equity. The dividends paid per share and repayments of capital before the share subscription by options will be deducted from the subscription price.
The share subscription period for stock options 2024A and 2024B is from
The theoretical market value of one stock option 2024A and 2024B is approximately
The Board of Directors decided on the new stock option plans based on the authorisation given by the Annual General Meeting of Shareholders on
Change to the terms of the 2021 long-term incentive plan
The Board decided to amend the terms of the Company's 2021 long-term incentive plan regarding those incentive units originally set for payment in 2024 (Series B). The conditions of the incentive units for Series B have been adjusted by moving the valuation determination period and maturity date forward by one year. The purpose of this change is to commit and motivate key personnel to sustained efforts towards increasing shareholder value.
BOARD OF DIRECTORS
Further information:
Phone: +358 40 760 3323
E-mail: arni.ekholm@relais.fi
Distribution:
Nasdaq Helsinki
Key media
www.relais.fi
We are a profitable company seeking strong growth. We carry out targeted acquisitions in line with our growth strategy and want to be an active player in the consolidation of the aftermarket in our area of operation. Our acquisitions are targeted at companies having a good strategic fit with our group companies.
Our net sales in 2023 was
www.relais.fi
ATTACHMENTS
Terms and conditions of the Relais Group Plc Stock Options 2024A
Terms and conditions of the Relais Group Plc Stock Options 2024B
https://news.cision.com/relais-group-oyj/r/the-board-of-directors-of-relais-group-plc-decided-on-new-stock-option-plans-and-change-to-the-terms,c3975452
https://mb.cision.com/Public/18708/3975452/aa32e1224a36c50e.pdf
https://mb.cision.com/Public/18708/3975452/8e448e9660272d9f.pdf
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