The Board of Directors of Eezy Plc has resolved on the fifth earning period of the long-term incentive plan for the key employees
Eezy Plc - STOCK EXCHANGE RELEASE -- 10 December 2024 at 09:30
The Board of Directors of Eezy Plc has resolved on the fifth earning period of the long-term incentive plan for the key employees
Eezy Plc's Board of Directors has resolved on the fifth earning period of the long-term incentive plan for the company's key employees. The earning period is 24 months, starting on 1 January 2025, and ending on 31 December 2026. The reward criteria for the earning period are based on Eezy Plc’s total shareholder return, EBIT percent and an ESG components. There are nine participants in the long-term incentive plan in this earning period at its commencement.
A maximum of 256 000 reward shares could be awarded for the fifth earning period and the maximum dilutive effect on the number of the company’s registered shares for the first earning period is 1 %. The value of the maximum reward at the average share price on the trading day preceding this stock exchange release would be approximately EUR 0.30 million.
The establishment of the long-term incentive plan has been announced on 18 December 2019 and the extension of the duration of the long-term incentive plan was announced on November 30, 2021. The current long-term incentive plan will expire after the fifth earning period.
Eezy Plc
Board of Directors
Further information:
Siina Saksi
CEO
siina.saksi@eezy.f i
tel. +358 (0)50 550 3912
Joni Aaltonen
CFO
joni.aaltonen@eezy.fi
tel. +358 (0)40 524 7270