Ramirent Plc: Ramirent Performance Share Incentive Program 2015 - directed issue
Ramirent Plc Stock Exchange Release March 13, 2018 at EET 9.00 am
The Board of Directors of Ramirent Plc has on February 8, 2018 decided on a directed share issue related to the reward payment from Ramirent Long-term Performance Share Incentive Program 2015. In the share issue 24,925 of Ramirent Plc's treasury shares will be conveyed without consideration to the key persons participating in the program according to the terms and conditions of the program. The reward represents Matching shares earned on the basis of share ownership. No Performance shares were earned in the plan on the basis of the earning criteria. More detailed information about the terms and conditions of the program is available in a stock exchange release published on 12 February 2015. The shares are delivered to the participants on 13 March 2018.
The directed share issue is based on an authorization given by the Annual General Meeting held on March 17, 2016.
Following the directed share issue, the number of treasury shares stands at 526,678 shares.
Pierre Brorsson, CFO, +46 8 624 9541, email@example.com
RAMIRENT is a leading rental equipment group combining the best equipment, services and know-how into rental solutions that simplify customer's business. Ramirent serves a broad range of customer sectors including construction, industry, services, the public sector and households. In 2017, Ramirent Group sales totaled EUR 724 million. The Group has 2,820 employees in 293 customer centers in 10 countries in northern and eastern Europe. Ramirent is listed on the NASDAQ Helsinki (RMR1V). Ramirent - More than machines®.