Announcement of conveyance of own shares
Apetit Plc, Stock Exchange Release, 3 June 2014 at 11.15 a.m.
Apetit Plc’s Supervisory Board decided in April, that the Board members will be paid an annual remuneration of EUR 19,560 and that the Chairman and Deputy Chairman will receive an annual remuneration of EUR 39,060 and EUR 24,120, respectively. A total of 50 per cent of the annual remuneration will be in cash and the remaining 50 per cent in the form of Apetit Plc's shares held by the company at the current value of the share at the time of transfer. The remuneration will be paid in four equal value share and cash payments in June,September, December and March.
Apetit Plc has assigned a total of 797 shares (APETI) on June 3, 2014 (other conveyance) as a reward to the Chairman and members of the Board. The assignment value is EUR 14,645.27 in total, which corresponds approximately to EUR 18.38 per share. The Deputy Chairman will not be paid remuneration for Board duties while serving as the company’s CEO. Taking into account the above-specified conveyances, the company holds a total of 129,203 shares (APETI).
Apetit Plc
Mikko Merisaari
Manager, Communications and IR
For more information, please contact:
Corporate Councel Asmo Ritala, tel, +358 10 402 4005
Copies to:
NASDAQ OMX Helsinki Ltd
Main media
www.apetitgroup.fi
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