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 payment of the rewards for the Group’s Restricted Share Plan 2019-2021 and Performance Share Plan 2018 for the performance periods 2018-2020 and 2019-2021.

On 4 March 2022 a total of 236,269 HKScan Corporation’s series A shares owned by the company will be transferred without consideration to the participants of the share-based incentive plan in accordance with the terms of the plan. The establishment and central terms of the incentive plan have been announced in stock exchange releases published on 7 February 2018, 8 May 2019 and 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 will hold a total of 1,621,795 own series A shares.

HKScan Corporation
Board of Directors

Further information:
Heidi Hirvonen, SVP Communications, tel. +358 10 570 6072