HKScan Corporation Stock Exchange Release 20 April 2018 14:00 EEST
HKScan Performance Share Plan 2013 – directed share issue
The Board of Directors of HKScan Corporation has resolved on a directed share issue without consideration according to the Group’s share based incentive plan 2013, payment of the rewards for the performance period 2015.
On 20 April 2018 a total of 16 501 HKScan Corporation’s A shares owned by the company have been transferred without consideration to the participants of the share based incentive plan according to its terms. The establishment and central terms of the incentive plan have been announced by a stock exchange release published on 20 December 2012.
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 12 April 2018.
After the transfer HKScan holds a total of 992 348 own A shares shares.
Board of Directors
For further information:
Please call HKScan’s media service number: +358 10 570 5700 or email: email@example.com
HKScan is the leading Nordic food company. We sell, market and produce high-quality, responsibly-produced pork, beef, poultry and lamb products, processed meats and convenience foods under strong brand names. Our customers are the retail, food service, industrial and export sectors, and our home markets comprise Finland, Sweden, Denmark and the Baltics. We export to close to 50 countries. In 2017, HKScan had net sales of EUR 1.8 billion and some 7 300 employees.