LASSILA & TIKANOJA PLC STOCK EXCHANGE RELEASE 26 May 2010 9.00 am
BOARD OF DIRECTORS DECIDES ON A DIRECTED BONUS ISSUE AS A PART OF SHARE-BASED
INCENTIVE PROGRAMME
Pursuant to the authorisation issued by the Annual General Meeting held on 31
March 2010, the Board of Directors of Lassila & Tikanoja plc has decided on 25
May 2010 on a directed bonus issue, in which a total of 49,242 shares held by
the company will be issued to the company's key personnel, as a part of the
rewards for the year 2009 of the share-based incentive programme. These shares
represent approximately 0.1% of the total number of shares and votes.
The intention is that the shares granted in the bonus issue will be assigned to
their recipients on 4 June 2010 after which date the shares will carry the same
shareholder rights as other shares.
The company published a stock exchange release concerning the share-based
incentive programme on 25 March 2009.
LASSILA & TIKANOJA PLC
Ville Rantala
CFO
For additional information please contact Ville Rantala, CFO, tel. +358 50 385
1442 or Keijo Keränen, IR Manager, tel. +358 50 385 6957.
Lassila & Tikanoja specialises in environmental management and property and
plant support services and is a leading supplier of wood-based biofuels,
recovered fuels and recycled raw materials. With operations in Finland, Sweden,
Latvia and Russia, L&T employs 8,700 persons. Net sales in 2009 amounted to EUR
582 million. L&T is listed on NASDAQ OMX Helsinki.
Distribution:
NASDAQ OMX Helsinki
Major media
www.lassila-tikanoja.com