Apetit Plc: Announcement of conveyance of own shares
Apetit Plc, Stock Exchange Release, 3 December 2019 at 10:00 a.m.
Apetit Plc has assigned a total of 6.255 shares (APETIT) on 3 December 2019 (other conveyance) as a reward to members of the Board of Directors. The assignment value is EUR 48.718,32 in total, which corresponds approximately to EUR 7.79 per share. Taking into account the above-specified conveyances, the company holds a total 94.700 shares.
Apetit Plc’s Supervisory Board decided in April 8, 2019, that the Chairman will receive an annual remuneration of EUR 39,060, the Deputy Chairman will receive EUR 24,120 and the Board members’ EUR 19,560. A total of 60 per cent of the annual remuneration will be in cash and the remaining 40 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 was decided to be paid in share and cash payments in December.
Apetit Plc
For more information, please contact:
Asmo Ritala, Corporate Counsel, tel, +358 10 402 4005
Apetit is number one in vegetables. It is a food industry company firmly rooted in Finnish primary production. We create well-being with vegetables by offering healthy and tasty food solutions that make daily life easier. We also produce high-quality vegetable oils and rapeseed expellers for feeding stuff, and trade grain on the international markets. Apetit seeks to lead the way in vegetable-based food solutions. Apetit Plc's shares are listed on Nasdaq Helsinki. In 2018, the company's net sales were EUR 283 million. Read more at apetit.fi.
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