Change in the holding of Kesko Corporation's treasury shares
Kesko has today transferred a total of 187 own B shares (KESKOB) held by the company in treasury to key person included in the target group of the 2017 performance period of Kesko's share-based commitment and incentive plan.
The share transfer is based on the decision of Kesko's Board of Directors, announced in a stock exchange release on 1 February 2018, to grant own B shares held by the company in treasury, on the basis of the fulfilment of the performance criteria of the transitional share-based commitment and incentive plan (Bridge Plan) for the performance period 2017. The share transfer is based on the authorisation given to Kesko’s Board of Directors by Kesko’s General Meeting held on 4 April 2016. Earlier share transfers carried out in spring 2018 were communicated in a stock exchange releases on 15 March 2018 and 5 April 2018.
After the transfer of the shares, Kesko holds 996,138 of its own B shares as treasury shares.
Further information is available from Mika Majoinen, EVP, Group General Counsel, tel. +358 105 322 206.
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