Bank of Åland Plc: Targeted issue as part of the Bank of Åland’s share saving programme for employees
23 Outubro 2024 - 12:00PM
UK Regulatory
Bank of Åland Plc: Targeted issue as
part of the Bank of Åland’s share
saving programme for employees
Bank of Åland Plc
Stock Exchange Release
October 23, 2024, 18.00 EET
Targeted issue as part of the Bank
of Åland’s share saving programme for
employees
On October 23, 2024, based on the authorisation granted by
the Annual General Meeting on 26 March 2024, the Board of
Directors of Bank of Åland Plc (Ålandsbanken Abp) decided on a
targeted share issue as follows:
The Board of Directors has decided to issue 22,912 Series B
shares for the fulfilment of the Bank’s commitments as part of the
Bank of Åland’s share savings programme for employees.
The Bank of Åland’s share savings programme is a voluntary
savings programme enabling employees to save a maximum of five per
cent of their monthly salary in order to subscribe for twice-yearly
targeted issues of Series B shares. The programme was introduced in
2023 as a one-year programme.
Employees subscribe for Series B shares at a price that is 10
per cent below the average stock market price during September
2024. The issue is related to the savings period March 1, 2024 –
August 30, 2024.
Three years after each respective share issue, the Bank of Åland
will distribute one matching share for each share acquired in the
targeted share issues to those who have participated in the share
issues, who are still employed by the Bank of Åland Group and who
own the shares that were issued.
After the share issue, the Bank of Åland´s share capital will
remain unchanged at EUR 42,029,289.89, with the number of Series A
shares totalling 6,476,138 (representing 129,522,760 votes) and the
number of Series B shares totalling 8,890,781 (representing
8,890,781 votes).
For further information, please contact:
Peter Wiklöf, Managing Director and Chief Executive, Bank of
Åland Plc, tel. +358 40 512 7505
Alandsbanken Abp (LSE:0O2N)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024
Alandsbanken Abp (LSE:0O2N)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024
