Neste: Transfer of own shares as a directed share issue based on share-based incentive scheme
Neste Corporation, Stock Exchange Release, 14 March 2024 at 4 p.m. (EET)
Neste Corporation has on 14 March 2024 transferred a total of 13 786 treasury shares without consideration to the participants of Neste Group's Performance Share Plan 2021-2023 and the Restricted Share Plan 2021-2023 as share rewards based on the terms and conditions of these plans. The plans are part of the share-based incentive scheme 2019 of Neste, announced with a stock exchange release on 11 December 2018.
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 28 March 2023.
After this transfer of own shares Neste Corporation holds 997 525 own shares.
Neste Corporation
Board of Directors
Further information: Hannele Jakosuo-Jansson, Executive Vice President, HR, Safety and Communications. 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.