F-Secure extends the matching share plan for personnel

F-Secure extends the matching share plan for personnel

F-Secure Corporation, Stock exchange release, 7 November 2018, 20.00 EET 

The Board of Directors of F-Secure Corporation has decided to extend the matching share plan for F-Secure Group personnel to cover people whose employment has started after the first retention period had ended. The purpose of the plan is to incentivize personnel to become shareholders in the company, and increase their commitment as well as reward them through the potential increase of share value.

According to the decision a total of 600 employees are enable to take part in the new retention period. Participation is voluntary, and every participant is eligible to acquire shares worth a maximum of 10 000 euros.

After the end of 2020, F-Secure will give participants one extra share for each two shares acquired through the plan. Dividends paid to the invested shares during the retention period will be reinvested in shares, thus, entitling the participants to additional matching shares. The Board will separately decide on any additional retention periods.

The new retention period begins on 7 November 2018, and ends on 7 December 2018. An external administrator (Global Shares) for the matching share plan will independently purchase the shares from the market for the participants during a period commencing on 3 December 2018, and ending on 28 December 2018.

More information:

Tapio Pesola,

IR Manager, F-Secure