Beskrivning
| Land | Finland |
|---|---|
| Lista | First North Finland |
| Sektor | Industri |
| Industri | Maskinindustri |
THE BOARD OF DIRECTORS OF NORRHYDRO GROUP PLC HAS DECIDED ON EARNING CRITERIA ON PERIOD 2025-2027 OF SHARE-BASED INCENTIVE SCHEMES.
Norrhydro Group Plc has decided on a share-based incentive scheme for the years 2023-2027 on August 17, 2022, which is divided into three periods: the years 2023-2025, 2024-2026, and 2025-2027.
Norrhydro Group Oyj has decided on earning criteria for the earning period 2025-2027.
The reward for the earning period 2025–2027 is based on primary vesting criteria, i.e., the Group's cumulative revenue in 2025–2027 and the average EBITDA in 2025–2027, and the secondary vesting criteria, i.e., the average share of the Group's Digital Solutions business in the Group's revenue in 2025–2027.
The total rewards payable for the vesting period 2025–2027 correspond to a maximum value of approximately 162,000 shares in Norrhydro Group Plc, including the portion paid in cash. The target group of the share-based incentive scheme for the earning period 2025–2027 includes approximately 15 key personnel.
Further enquiries:
Yrjö Trög
CEO
Norrhydro Group Oyj
Tel. +358 400 291 229
yrjo.trog@norrhydro.com
Certified Adviser:
Translink Corporate Finance Oy
Jari Lauriala, Managing Partner
Tel. +358 40 091 8855
jari.lauriala@translinkcf.fi
Sami Miettinen, Partner
Tel. +358 400 735 835
sami.miettinen@translinkcf.fi
Distribution:
Nasdaq Helsinki Oy
Key media
https://www.norrhydro.com/fi
Norrhydro Group Plc in brief
Norrhydro, founded in 1985, is a Finnish pioneer in motion control, a provider of energy-efficient hydraulic cylinders and a system supplier specialising in high-quality, customised and energy-efficient hydraulic cylinders and demanding linear motion control systems and mobile machinery. The company has more than 35 years of experience in developing and manufacturing customised hydraulic cylinders and linear motion control systems for the most demanding conditions and environments. In 2023, the company had a turnover of EUR 30,4 million, an EBITDA of EUR 1,1 million and an operating profit of EUR -0,3 million