Transfer of treasury shares based on Employee Share Savings Plan (ESSP) of Fondia
Fondia Plc
Company release
2026-03-12 at 2.00 p.m. EET
Fondia Plc has today transferred without consideration a total of 2,977 treasury shares held by the company to 39 persons who have participated in the company's Employee Share Savings Plan (ESSP) during the savings period 2023-2024. The transfer of shares is based on the terms and conditions of the ESSP.
Information on the ESSP 2023-2024 has been published by a company release on 24 November 2022. During the savings period 2023-2024, the company's employees who participated in the ESSP saved EUR 50-500 per month from their salaries, and the accumulated savings were used to acquire Fondia Plc shares for the participants at market price after the publication of the company's 2023 Half-yearly Financial Report and Financial Statements Release. Upon conclusion of the holding period of the savings shares on 28 February 2026, participants have been entitled to one complimentary matching share for every two savings shares they have acquired themselves. The number of shares transferred equals the gross value of the reward shares minus the portion paid in cash for taxes.
The issue of shares by way of a directed share issue free of charge is based on the authorisation granted to the Board of Directors by the Fondia General Meeting of 20 March 2025.
After the transfer, the company will hold 210,912 own shares.
Fondia Plc
For further information, please contact:
Timo Lappi, CEO, tel. +358 40 756 7809
Harri Savolainen, CFO, tel. +358 40 502 1919
Certified Adviser Aktia Alexander Corporate Finance Oy, tel. +358 50 520 4098
Fondia in brief
Fondia solves the legal needs of companies by combining the best services from internal legal departments and law firms. Fondia operates in Finland, Sweden, Estonia, and Lithuania. Fondia employs around 160 people. The Group's net sales in 2025 were €23.9 million.
Distribution:
Nasdaq Helsinki Ltd
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