Ahlstrom Corporation STOCK EXCHANGE RELEASE January 29, 2016 at 08.45
Payout of Ahlstrom's share-based long-term incentive plan 2013-2015
Ahlstrom's Board of Directors has confirmed the payout of the share-based long-term incentive plan 2013-2015. The earning period of the plan was 2013-2015.
Based on the authorization of the Annual General Meeting of the Shareholders on March 26, 2015, Ahlstrom's Board of Directors has decided to transfer without consideration a maximum of 110,000 of the company's own shares to a maximum of 27 recipients of the payout. In addition, the company will pay a cash portion to the recipients equaling the total amount of taxes payable for the total award. The handover date of the shares is April 30, 2016, at the latest.
Ahlstrom currently holds 149,005 own shares corresponding to approximately 0.32% of the total shares and votes.
For more information, please contact:
Tel: +358 10 888 4768
Financial Communications & Investor Relations Manager
Tel. +358 10 888 4731
Ahlstrom in brief
Ahlstrom provides innovative fiber-based materials with a function in everyday life. We are committed to growing and creating stakeholder value by proving the best performing sustainable fiber-based materials. Our products are used in everyday applications such as filters, medical fabrics, life science and diagnostics, wallcoverings, tapes, and food and beverage packaging. In 2015, Ahlstrom's net sales amounted to EUR 1.1 billion. Our 3,300 employees serve customers in 22 countries. Ahlstrom's share is quoted on the Nasdaq Helsinki. More information available at www.ahlstrom.com.