AKTIA PLANS A SHARE ISSUE FOR ITS PERSONNEL
Aktia Bank Plc
Stock Exchange Release
13 August 2021 at 1.15 p.m.
AKTIA PLANS A SHARE ISSUE FOR ITS PERSONNEL
Aktia Bank Plc’s Board of Directors plans to organise an employee share issue, where the personnel is offered the opportunity to subscribe for new shares in the company. The subscription price of the shares would be based on the average rate of the share on Nasdaq Helsinki Oy the month prior to the employee issuance and at a 10 per cent price reduction. An employee would have the right to subscribe preliminarily for 1,000–70,000 shares in the employee share issue. The purpose of the employee share issue is to support the personnel’s long-term shareholding in the company, and for that reason the subscribed shares would be subject to a transfer restriction.
“I find it very important that our employees are committed to Aktia’s values and objectives. The premise for the planned employee share issue is to engage and encourage our personnel in becoming shareholders in Aktia and thus to long-term work to increase shareholder value”, says Aktia’s CEO Mikko Ayub.
The Board will decide on the employee share issue’s size, the subscription right for the shares to be offered, the subscription price, the subscription period, payment of subscriptions, transfer restrictions and other details regarding the employee share issue in the fall of 2021. The decision regarding the employee share issue would be based on the authorisation given to the Board at the Annual General Meeting 13 April 2021.
Aktia Bank Plc
Additional information:
Mikko Ayub, CEO
tel. +358 10 247 5121
Distribution:
Nasdaq Helsinki Oy
Media
www.aktia.com
Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 900 people around Finland. Aktia’s assets under management (AuM) on 31 December 2020 amounted to EUR 10.4 billion, and the balance sheet total was EUR 10.6 billion. Aktia’s shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.