HKscan Corporation, stock exchange release, 6 May 2021
Changes in HKScan Corporation’s own shares
The Board of Directors of HKScan Corporation has resolved on a directed share issue without consideration related to the Group’s share-based incentive plan 2018, payment of the rewards for the performance period 2018-2020.
On 7 May 2021 a total of 141,936 HKScan Corporation’s A shares owned by the company will be transferred without consideration to the participants of the share-based incentive plan in accordance to the terms and conditions of the plan. The establishment and central terms of the incentive plan have been announced in stock exchange releases published on 7 February 2018, on 8 May 2019 and on 7 April 2021.
The transfer of own shares by a directed share issue without consideration is based on the Board’s authorization granted by the Annual General Meeting on 8 April 2021.
After the transfer HKScan holds a total of 1,858,064 own series A shares.
Board of Directors
Heidi Hirvonen, SVP Communications, tel. +358 10 570 6072