Aspocomp Group Plc
Changes in company’s own shares
PAYING ASPOCOMP GROUP OYJ BOARD MEMBERS' FEES IN THE FORM OF SHARES HELD BY THE COMPANY
Espoo, Finland, 2011-08-11 10:30 CEST (GLOBE NEWSWIRE) —
Aspocomp Group Oyj, Company Announcement, August 11, 2011 at 11:30 a.m.
With reference to annual remunerations of the Board, Aspocomp Group Oyj’s AGM decided on 20th April 2011 that about 40% of the annual remuneration to a Board member should be paid in accordance with the share issue authorisation given to the Board by transferring company shares to each Board member. The number of the remuneration shares was determined based on the weighted average market quotation of the company’s share on the date of the publication of the result for the second quarter of the year 2011 and the following four days to the effect that any trades prior to the publication date were not taken into consideration.
According to decisions taken at the AGM and by the Board, Aspocomp Group Oyj today transferred to Board members a total of 65,400 shares as part of their annual remuneration as follows:
A total of 32,700 shares were transferred to the chairman of the Board Tuomo Lähdesmäki. As a result of the transfer, his holdings in Aspocomp Group Oyj amount to 398,895 shares.
A total of 16,350 shares were transferred to Board member Johan Hammarén. As a result of the transfer, his holdings in Aspocomp Group Oyj amount to 266,411 shares.
A total of 16,350 shares were transferred to Board member Kari Vuorialho. As a result of the transfer, his holdings in Aspocomp Group Oyj amount to 146,411 shares.
As a result of the transfer, the company holds a total of 134,600 shares.
For further information, please contact Sami Holopainen, CEO,
tel. +358 9 59 181.
ASPOCOMP GROUP OYJ
Sami Holopainen
President and CEO
www.aspocomp.com
Aspocomp: Flexibility of product design
Aspocomp Group Plc sells and manufactures high-tech PCBs. Aspocomp’s products are used in the electronics industry, for instance, in telecommunications networks, automobiles and many type of industrial applications.
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