Yahoo Finanza ROBIT PLC GRANTS OWN SHARES FOR BOARD’S ANNUAL COMPENSATION AND FOR CEO AS PART OF ANNUAL SALARY
ROBIT PLC STOCK EXCHANGE RELEASE 12 DECEMBER 2022 AT 7.00 P.M.
ROBIT PLC GRANTS OWN SHARES FOR BOARD’S ANNUAL COMPENSATION AND FOR CEO AS PART OF ANNUAL SALARY
At its meeting on 12th December 2022, the Board of Directors of Robit Plc decided to grant in total 31 873 shares to its Board of Directors as the annual compensation for the year 2022. The grant is based on the authorization given to the Board of Directors by the Annual General Meeting on 22nd March 2022. The total value of the granted shares based on the closing price of 9 December 2022 is EUR 80 000.
The Board of Directors decided to grant to the CEO, Arto Halonen, in total 4 283 shares as part of the fixed yearly salary. The release is based on CEO contract. The total value of the granted shares based on the closing price of 9th December 2022 is EUR 10 750.
The total amount of the granted shares is accordingly 36 155 shares and the total value based on the closing price of 9th December 2022 is EUR 90 750.
The share compensation is granted with the shares, which are already in the assets of Robit Plc, so the total amount of shares does not change. The total amount of shares in Robit Plc’s assets before the release is 88 765 shares equaling 0.4 percent of the total amount of the company’s shares and after the release the total amount of shares is 52 610 equaling 0.2 percent of the total amount of the company’s shares.
The granted shares will be paid by 14th December 2022.
ROBIT PLC
Board of Directors
Further information:
Harri Sjöholm, Chairman
+358 400 622 092
harri.sjoholm@robitgroup.com
Distribution:
Nasdaq Helsinki Ltd
Key media
www.robitgroup.com
Robit is the expert focused on high quality drilling consumables for mining and construction markets globally to help you drill Further. Faster. Robit strives to be world number one company in drilling consumables. Through our high and proven quality Top Hammer, Down the Hole and Geotechnical products, and our expert services, we deliver saving in drilling costs to our customers. Robit has its own sales and service points in eight countries and an active distributor network through which it sells to more than 100 countries. Robit’s manufacturing units are located in Finland, South Korea, Australia and the UK. Robit’s shares are listed on Nasdaq Helsinki Ltd. Further information is available at www.robitgroup.com.
