Neste: Transfer of own shares as a directed share issue based on share-based incentive plan
Neste Corporation, Stock Exchange Release, 22 May 2023 at 5.30 p.m. (EET)
Neste Corporation has on 22 May 2023 transferred 4,267 treasury shares to a key person participating in the Performance Share Plan 2020-2022 and Restricted Share Plan 2020-2022 of Neste Corporation. The shares were transferred as a share reward without consideration in accordance with the terms and conditions of the plans. The plans are part of the share-based incentive scheme 2019 of Neste, announced with a stock exchange release on 11 December 2018 and consisting of separately launched individual plans.
The transfer of own shares is implemented as a directed share issue without consideration based on a decision made by the Board of Directors of Neste Corporation. The decision of the Board of Directors is based on a share issue authorization granted by the Annual General Meeting of Shareholders on 18 May 2020.
After this transfer of own shares Neste Corporation holds 1,011,311 own shares.
Neste Corporation
Board of Directors
Further information: Hannele Jakosuo-Jansson, Executive Vice President, Human Resources and HSSEQ, Neste. Please contact Neste's media service, tel. +358 800 94025 / media@neste.com(weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste's releases at https://www.neste.com/for-media/releases-and-news/subscribe.