Nurminen Logistics establishes a new share-based long-term incentive plan
Nurminen Logistics Plc Stock Exchange Release 3 July 2025, at 8.30 pm
The Board of Directors of Nurminen Logistics Plc has decided to establish a new share-based incentive plan for the key employees of the company.
The objective of the plans is to align the interests of the key employees and Nurminen Logistics shareholders and to increase the company value in the long term, to drive financial and operative performance, and to retain key employees by offering them a competitive performance-based earning opportunity.
Restricted Share Plan 2025–2029
The Restricted Share Plan is intended to be used as a tool in specific situations seen necessary by the Board of Directors, for example ensuring retention of key talents, attracting new talent or other specific situations determined by the Board.
The reward from the Restricted Share Plan 2025—2029 is based on a valid employment or director contract and the continuity of the employment or service. The plan is intended for selected key employees only, based on the decision by the Board of Directors.
The rewards to be earned on the basis of the plan will be paid by the end of May 2027, 2028 or 2029 but in any event minimum twelve (12) months after the determination of the Reward.
The gross rewards to be allocated during 2025–2029 on the basis of the restricted share plan correspond to the value of maximum 300,000 Nurminen Logistics shares.
General
The rewards will be paid partly in Nurminen Logistics shares and partly in cash. The cash proportions of the rewards are intended for covering taxes and tax-related expenses arising from the rewards to the participants. In general, no reward is paid if the participant’s employment or director contract terminates before the reward payment.
Nurminen Logistics Plc
For more information, please contact Irmeli Rytkönen, Chairperson of the Board of Directors, Nurminen Logistics Plc, tel. +358 400 425371
Distribution
Nasdaq Helsinki Oy
Key media
www.nurminenlogistics.com
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Release