TAALERI PLC STOCK EXCHANGE RELEASE 31 OCTOBER 2019 at 1:15 PM EET
Taaleri Plc key personnel incentive scheme; earning period 2019 – 2022
Taaleri Plc’s Board of Directors has today resolved on the target group, allocation, earnings criterion and targets for the earning period 1 November 2019 – 31 October 2022 of the Group key personnel share-based incentive scheme.
The main terms and conditions of the incentive scheme were published in detail in the stock exchange release dated 30 October 2017. The scheme includes three earning periods lasting three years each.
During the earning period 2019 – 2022, the scheme’s target group includes approximately 18 key persons, including the members of the Group’s Executive Management Team. However, the CEO of the company does not belong to the target group of the scheme as he has a share-based incentive scheme published on 19 June 2019. Any rewards awarded under the scheme for the earning period 2019 – 2022 will be based on the total shareholder return of Taaleri Plc's share. The rewards to be paid based on the 2019 – 2022 earning period will correspond to the value of no more than 235,000 Taaleri Plc shares in total, including the proportion to be paid in cash.
Potential rewards will be paid after the end of the earning period within approximately four years in four instalments. The reward will be paid partly in the company’s shares and partly in cash. Shares paid as a reward may not be transferred during the one-year waiting period set for the shares.
For more information, please contact:
CEO, Robin Lindahl, Taaleri Plc, tel. +358 50 595 9616, [email protected]
Taaleri in brief
Taaleri is a Finnish financial services company, whose parent company, Taaleri Plc, is listed on Nasdaq Helsinki main market. The Taaleri Group comprises three business areas: Wealth Management, Financing, and Energy. In addition, the Group makes investments from its own balance sheet.
At the end of June 2019, Taaleri had assets under management totalling EUR 6.6 billion and 5,300 wealth management customers. Taaleri Plc has some 4,300 shareholders. Taaleri’s operations are supervised by the Finnish Financial Supervisory Authority.
More information about our company and services:
Sophie Jolly, Head of Communications and IR, tel. +358 40 828 7317, [email protected]