Teleste Corporation´s conveyance of own shares based on the long-term incentive plan
Teleste Corporation
Stock exchange release
April 2, 2024, at 9:00 a.m. EEST
TELESTE CORPORATION´S CONVEYANCE OF OWN SHARES BASED ON THE LONG-TERM INCENTIVE PLAN
A total of 8,628 Teleste Corporation's treasury shares were conveyed without consideration to the key employees participating in the plan period 2021–2023 of Teleste long-term share-based incentive programme. More detailed information about the launch of the plan period and its terms and conditions is available in a stock exchange release published on 11 February 2021.
The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on April 5, 2023.
After the share delivery on 28 March 2024, the company holds a total of 738,398 own shares.
TELESTE CORPORATION
The Board of Directors
Additional information:
SVP HR Tuomas Vanne, tel. +358 2 2605 611
About Teleste
Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to you, secure your safety in public places and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2023, Teleste's net sales reached EUR 151.3 million and it had approximately 800 employees. Teleste is listed on Nasdaq Helsinki. For more information, visit www.teleste.com.
