Fiskars Corporation’s directed share issue without consideration based on the Restricted Share Plan
Fiskars Corporation
Stock Exchange Release
July 28, 2022 at 8.40 a.m. EEST
Fiskars Corporation’s directed share issue without consideration based on the Restricted Share Plan
The Board of Directors of Fiskars Corporation has decided on a directed share issue without consideration based on Fiskars’ Restricted Share Plan.
In the share issue, 13,059 treasury shares are issued without consideration to Jussi Siitonen, Chief Financial Officer and Deputy to the CEO based on the Restricted Share Plan 2021–2023 in accordance with the terms and conditions of the plan. Shares will be delivered as a sign-on compensation on August 17, 2022, and the delivery is subject to continuous employment and no notice of termination being made until the delivery of the shares.
The decision on the share issue is based on the authorization granted to the Board of Directors by Fiskars Corporation’s Annual General Meeting of Shareholders held on March 16, 2022. Information about the launch and the terms and conditions of the Incentive Plan have been published in a stock exchange release on December 10, 2020. More information on the remuneration of the Chief Financial Officer and Deputy to the CEO can be found in the Remuneration Report 2021.
FISKARS CORPORATION
Board of Directors
Further information:
Päivi Timonen, Chief Legal Officer, tel. +358 204 39 5050
Essi Lipponen, Director, Investor Relations, tel. +358 40 829 1192
Fiskars Group in brief
Fiskars Group (FSKRS, Nasdaq Helsinki) is the global home of design-driven brands for indoor and outdoor living. Our brands include Fiskars, Gerber, Iittala, Royal Copenhagen, Moomin by Arabia, Waterford, and Wedgwood. Our brands are present in more than 100 countries and we have more than 350 own stores. We have 7,000 employees and our global net sales in 2021 were EUR 1.3 billion.
We are driven by our common purpose: Pioneering design to make the everyday extraordinary. Since 1649, we have designed products of timeless, purposeful, and functional beauty, while driving innovation and sustainable growth.
Read more: fiskarsgroup.com