Kesko has today transferred 1,900 of its own B shares (KESKOB) held by the company as treasury shares to a management key person included in the target group for the 2018 and 2019 performance periods of Kesko's share-based commitment and incentive plan PSP 2018-2021. In addition, 636 B shares (KESKOB) have been returned to Kesko without consideration in accordance with the terms and conditions of the same share award plan.
The transfer of the shares is based on a decision by Kesko's Board of Directors, announced in a stock exchange release on
The 636 B shares returned to Kesko were originally granted to a person included in the target group for the 2018 and 2019 performance periods of the PSP 2018-2021.
After the transfer and return of shares, Kesko holds 3,339,862 of its own B shares as treasury shares.
Further information is available from
DISTRIBUTION
Main news media
www.kesko.fi
https://news.cision.com/k-ryhma/r/change-in-the-holding-of-kesko-corporation-s-treasury-shares,c3205043
https://mb.cision.com/Main/13061/3205043/1312399.pdf
(c) 2020 Cision. All rights reserved., source