Schibsted ASA (SCH) - Allotment of shares in connection with performance based share acquisition programme
(Thomson Reuters ONE) -
Schibsted has allotted shares to participants in the Group's performance based
share acquisition programme for 2010.
In the new share acquisition programme, each participant is granted a defined
Basic amount, which is a fixed per cent of the basic salary. 1/3 of the Basic
amount, after tax, must be used to acquire Schibsted shares. These shares are
now allotted to the participants in the programme.
The rest, up to 2/3 of the amount, must be earned over a three years period. It
will only be earned in full if certain financial results in the individual
business unit are reached.
Please find attached overview of the number of shares allotted to primary
insiders through pay out of the share acquisition programme's Basic amount and
their total holding of shares.
For further details of Schibsted's performance based share acquisition
programme, please refer to the stock exchange notice dated 20 April 2010 and
Declaration regarding the determination of salary and other remuneration to
managers, published the same day.
Oslo, 27 July 2010
SCHIBSTED ASA
Jo Christian Steigedal
VP Investor Relations
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1434132]
Allotment of shares: http://hugin.info/131/R/1434132/379803.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Schibsted via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 27.07.2010 - 08:31 Uhr
Sprache: Deutsch
News-ID 24451
Anzahl Zeichen: 0
contact information:
Town:
Oslo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 294 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Schibsted ASA (SCH) - Allotment of shares in connection with performance based share acquisition programme"
steht unter der journalistisch-redaktionellen Verantwortung von
Schibsted (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
