Ramirent Plc Stock Exchange Release March 7, 2019 at 3.00 p.m. EET
The Board of Directors of Ramirent Plc has decided on February 7, 2019 on a directed share issue related to the reward payment from Ramirent Long-term Performance Share Incentive Program 2016. In the share issue, 156,471 of Ramirent Plc’s treasury shares will be conveyed without consideration to the key persons participating in the Long-term incentive program 2016 according to the terms and conditions of the program. The shares are delivered to the participants today, on March 7, 2019.
The directed share issue is based on an authorization given by the Annual General Meeting held on March 17, 2016.
Following the directed share issue, the number of treasury shares stands at 1,270,207 shares.
Further information:
Jonas Söderkvist, interim CFO, Ramirent Plc, Tel. +46 8 624 9502, jonas.soderkvist@ramirent.com
Ramirent is a leading service company offering equipment rental for construction and other industries. Our mission is to help our customers gear up on safety and efficiency by delivering great equipment and smooth service with a smile. We have 2,905 co-workers at 294 customer centers in northern and eastern Europe. In 2018, Ramirent Group net sales reached a total of EUR 712 million. Ramirent is listed on the Nasdaq Helsinki (RAMI). Ramirent – Gear Up. Equipment rental at your service
Distribution: Nasdaq Helsinki, the main media, www.ramirent.com