Evli Pankki Oyj
Evli Pankki Oyj: The Board of Directors of Evli Bank Plc has resolved to establish a new share-based incentive plan
EVLI BANK PLC STOCK EXCHANGE RELEASE JUNE 14, 2019 AT 2.00 PM
The Board of Directors of Evli Bank Plc has resolved to establish a new
share-based incentive plan directed to selected key employees of the company.
Rewards paid based on the plan will be paid in Evli Bank Plcs shares. The
maximum number of shares to be paid corresponds to 350,000 Evlis Series B
shares (gross number of shares before reduction of applicable tax
The aim with the share-based incentive plan is to support Evlis strategy and
align the objectives of the shareholders and the selected key employees to
increase the value of Evli in the long-term. In addition, the aim is to
retain the selected key employees at the company and to offer them a
competitive reward plan.
The reward from the incentive plan is awarded to the participants in one
installment in June 2019. The prerequisite for reward award and reward
payment is that a participants employment or service is in force. In
addition, the Board of Directors may consider the participants work
contribution and the companys financial performance.
The installment has a four-year deferral period. Ownership rights to the
shares subject to the reward are transferred to the beneficiary only after
the end of the deferral period. Therefore, the ownership is transferred to
the participants after the relevant deferral period in June 2023. The shares
will be subject to a one-year transfer restriction.
Evli Bank Plc
Board of Directors
For additional information, please contact
Juho Mikola, CFO, Evli Bank Plc, tel. +358 40 717 8888,firstname.lastname@example.org
Evli Bank Plc
Evli is a bank specialized in investments that helps institutions,
corporations and private persons increase their wealth. The product and
service offering includes mutual funds, asset management and capital markets
services, alternative investment products, equity research, administration of
incentive programs and Corporate Finance services. The company also offers
banking services that support clients investment operations. Evli is the
highest ranked and most used institutional asset manager in Finland*.
Evli has a total of EUR 11.9 billion in client assets under management (net
3/2019). The Evli Groups equity capital totals EUR 66.6 million and its BIS
capital adequacy ratio is 15.8 percent (March 31, 2019). The company has more
than 250 employees. Evli Bank Plcs B shares are listed on Nasdaq Helsinki
*KANTAR SIFO Prospera External Asset Management Finland 2015, 2016, 2017,
2018, SFR Scandinavian Financial Research Institutional Investment Services,
Finland 2015, 2016 ,2017, 2018.
Nasdaq Helsinki Ltd, main media, www.evli.com
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Evli Pankki Oyj via Globenewswire