The Board of Directors of NoHo Partners Oyj has resolved on a directed share issue without payment to the company’s key employees based on the share-based incentive plan
NoHo Partners Oyj, Stock Exchange Release 28 February 2024 at 11:50 EET
The Board of Directors of NoHo Partners Oyj has resolved on a directed share issue without payment to the company’s key employees based on the share-based incentive plan
The Board of Directors of NoHo Partners Oyj has on 28 February 2024 resolved on a directed share issue without payment to the CEO of the company and to the deputy of the CEO in order to pay the delayed earned reward for the third earning period that ended on 31 March 2023 of the long-term share-based incentive plan. The share issue resolution is based on the authorization given by the Annual General Meeting on 19 April 2023. The stock exchange release concerning the long-term share-based incentive plan for the key employees has been published on 30 November 2018 with information also available on the company’s web page.
A total of 34 037 new shares were issued without payment in the share issue related to the share-based incentive plan. As a result of the share issue the total number of shares in NoHo Partners Oyj will be 21 009 715.
The new shares will be registered with the Trade Register on or about 4 March 2024. The new shares are intended to be admitted to trading on the official list of Nasdaq Helsinki Ltd. as soon as possible after the registration of the new shares.
NoHo Partners Oyj
The Board of Directors
Additional information
Aku Vikström, CEO, [email protected] (Executive assistant Niina Kilpeläinen, tel. +358 50 413 8158)
Jarno Suominen, Deputy CEO, tel. +358 40 721 5655
NoHo Partners Plc
NoHo Partners Plc is a Finnish group established in 1996, and it specialises in restaurant services being the creative innovator of the Northern European restaurant market. The company was listed in Nasdaq Helsinki in 2013 becoming the first Finnish listed restaurant company, and it has continued to grow strongly throughout its history.
The Group companies include some 300 restaurants in Finland, Denmark, Norway and Switzerland. The well-known restaurant concepts include Elite, Savoy, Teatteri, Sea Horse, Stefan’s Steakhouse, Palace, Löyly, Friends & Brgrs, Campingen, Cock’s & Cows and Holy Cow!. Depending on the season, NoHo Partners employs approx. 2,800 people converted into full-time employees, and in 2023, company’s turnover amounted to approx. MEUR 370. NoHo Partners’ vision is to be the leading restaurant company in Northern Europe. More information is available at noho.fi/en.