ASPOCOMP GROUP Oyj STOCK EXCHANGE RELEASE April 4, 2003 at 5:45 pmASPOCOMP GROUP OYJ’S BOARD AND AN INCENTIVE SCHEME FOR THE MANAGEMENT
AND KEY PERSONSThe Aspocomp Group Oyj Board of Directors has elected from among its
Members Mr. Tuomo Lähdesmäki as the Chairman and Mr. Jorma Eloranta
as the Vice-Chairman. The other Members of the Board are Mr. Aimo
Eloholma, Mr. Roberto Lencioni, Mr. Gustav Nyberg and Mr. Karl Van
Horn. The Board elected Members for the Board Committees. The Members
of the Compensation Committee and the Nomination Committee are Mr.
Tuomo Lähdesmäki (Chairman) and Mr. Jorma Eloranta, and of the Audit
Committee Mr. Gustav Nyberg (Chairman) and Mr. Karl Van Horn.The Annual General Meeting of Aspocomp Group Oyj decided today that
the fees for the Board Members will be paid on an annual basis. The
Board of Directors has decided that each Board Member will acquire
Aspocomp Group Oyj shares with the net fee during the time period
from May 6 to June 15, 2003. The purchases will be made within the
limits set by the Company’s insider regulations. The Board Members
have decided not to convey the shares before the Annual General
Meeting of 2004.The Board of Directors of Aspocomp Group Oyj has approved a new share
price based incentive scheme for the management and certain key
persons. Condition for belonging to the incentive scheme is that the
members of the scheme will own Aspocomp Group Oyj shares by the end
of June 2003 in accordance with detailed instructions provided by the
Company. The potential bonus is based on the share price increase of
the Aspocomp Group Oyj share during the next two years. The potential
bonus will be paid in June 2005, provided that the person is still
employed by the Aspocomp Group. The objective of the new incentive
scheme is to increase the shareholdings of the management and certain
key persons in the Company.For more information, please contact President and CEO Jarmo Niemi at
+358 9 7597 0711ASPOCOMP GROUP Oyj
Jarmo Niemi
President and CEODistribution:
Helsinki Exchanges
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