Conveyance of Caverion Corporation's own shares pursuant to

Conveyance of Caverion Corporation's own shares pursuant to Restricted and Performance Share Plans and the related directed share issue


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HELSINKI, Feb. 23, 2021 /PRNewswire/ -- The Board of Directors of Caverion Corporation has decided on a directed share issue without payment for Caverion's Performance Share Plan 2018 - 2020 and Restricted Share Plan 2018-2020 reward payments. The decision on the directed share issue without payment is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 25 May 2020.
In the directed share issue without payment, 63,652 Caverion Corporation shares held by the company have on 23 February 2021 been conveyed to 82 key employees according to the terms and conditions of the plans. No new shares will be issued in connection with the plan and therefore the plan will have no diluting effect. Prior to the directed share issue, Caverion held a total of 2,807,991 treasury shares, of which 2,744,339 treasury shares remain with the company after the conveyance.

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