PAYMENT OF ROBIT PLC’S LONG-TERM INCENTIVE PLAN AS A CASH REWARD EQUIVALENT TO THE VALUE OF THE SHARES GRANTED
ROBIT PLC STOCK EXCHANGE RELEASE 30 APRIL 2025 AT 9.30
PAYMENT OF ROBIT PLC’S LONG-TERM INCENTIVE PLAN AS A CASH REWARD EQUIVALENT TO THE VALUE OF THE SHARES GRANTED
Robit Plc’s Board of Directors has decided to pay, in cash, the equivalent of 12,104 shares to 17 key persons and executives covered by the Group’s long-term incentive plan, in accordance with the terms and conditions of the Performance Share Plan LTI 2022–2024.
Accordingly, the number of the company’s own shares held by the company will remain unchanged, amounting to 118,359 own shares at the time of the reward payment.
Robit Plc announced the long-term incentive plan in a stock exchange release issued on 15 February 2022.
ROBIT PLC
Board of Directors
Further information:
Markku Teräsvasara, Chairman
+358 40 641 8474
markku.terasvasara@gmail.com
Distribution:
Nasdaq Helsinki Ltd
Key media
www.robitgroup.com
Robit is the expert focused on high quality drilling consumables for mining and construction markets globally to help you drill Further. Faster. Robit strives to be world number one company in drilling consumables. Through our high and proven quality Top Hammer, Down the Hole and Geotechnical products, and our expert services, we deliver saving in drilling costs to our customers. Robit has its own sales and service points in seven countries and an active distributor network through which it sells to more than 100 countries. Robit’s manufacturing units are located in Finland, South Korea, and the UK. Robit’s shares are listed on Nasdaq Helsinki Ltd. Further information is available at www.robitgroup.com.