Aspo PlcStock Exchange Release January 17, 2022, at 8.45 a.m.Mika Salokangas appointed as a member of Telko Board of DirectorsStarting from February 1,.
The Board of Directors of Aspo Plc resolved on key employee incentive plan
The Board of Directors of Aspo Plc has approved to continue the incentive and retention plan for the Group key employees by establishing a new Performance Share Plan 2021–2023. The aim of the plan is to combine the objectives of the shareholders and the key employees in order to increase the value of the Company in the long-term, to retain the key employees at the Company, and to offer them competitive reward plan based on earning and accumulating the Company´s shares.
Rewards earned from the Performance Share Plan 2021–2023 will be based on the Group’s Earnings per Share (EPS) of the financial year 2021. The prerequisite for participation in the plan and receiving reward on the basis of this plan is that a person participating in the plan allocates freely transferable company shares held by him or her or acquires the company shares up to the number determined by the Board of Directors.