TAALERI PLC STOCK EXCHANGE RELEASE 10 October 2018 at 12:35
Taaleri Plc key personnel incentive scheme for the earnings period 2018-2021
Taaleri Plc’s Board of Directors has today resolved on the target group, allocation, earnings criteria and targets for the earnings period 1 November 2018 – 31 October 2021 of the share-based incentive scheme for the Group’s key personnel.
The main terms and conditions of the share-based incentive scheme for Group key employees were published in detail in the stock exchange release dated 30 October 2017. The plan includes three earnings periods lasting three years each.
For the earning period 2018–2021, the scheme’s target group includes approximately 11 key persons, including the members of the Group’s management team. Any rewards awarded under the scheme for the earning period 2018–2021 will be based on the total shareholder return of Taaleri Plc's share. The rewards paid for the 2018–2021 earning period will correspond with the value of no more than 240,000 Taaleri Plc shares, including the proportion paid in cash.
Potential rewards will be paid after the end of the earning period within approximately four years in four instalments. The reward will be paid partly in the company’s shares and partly in cash. Shares paid as a reward may not be transferred during the one-year waiting period set for the shares.
Board of Directors
Peter Fagernäs, Chairman of the Board, tel. 358 50 523 5831
Taaleri in brief
Taaleri is a Finnish financial service company, whose parent company Taaleri Plc is listed on Nasdaq Helsinki's main market. The Taaleri Group comprises three business areas: Wealth Management, Financing, and Energy. Taaleri provides services to institutional investors, companies and private individuals. The Group’s operational subsidiaries are: Taaleri Wealth Management Ltd and its subsidiaries, Taaleri Private Equity Funds Group, Taaleri Investments Group, Taaleri Energia Oy Group and Garantia Insurance Company Ltd. In addition, Taaleri has associated companies Fellow Finance Plc, which offers peer-to-peer lending services, Ficolo Oy developing data centers, and Turun Toriparkki Oy and Munkkiniemi Group Oy that are real estate project companies.
At the end of June 2018, Taaleri had assets under management totalling EUR 6.0 billion and 4,600 asset management customers. Taaleri Plc has some 4,100 shareholders. Taaleri’s operations are supervised by the Finnish Financial Supervisory Authority.
More information about our company and services:
Sophie Jolly, Head of Communications and IR, email@example.com, tel. 358 40 828 7317