Multitude SE Launches All-Employees Shareholder Programme to Strengthen Employee Ownership
12 Febbraio 2024 - 7:00AM
Multitude SE Launches All-Employees Shareholder Programme to
Strengthen Employee Ownership
Multitude SE Launches All-Employees Shareholder
Programme to Strengthen Employee OwnershipHelsinki, 12
February 2024 – Multitude SE, is a listed European FinTech company,
offering digital lending and online banking services to consumers,
small and medium-sized businesses, and other FinTechs (ISIN:
FI4000106299, WKN: A1W9NS) (“Multitude” or
“Company”) announces the initiation of its
Multitude Employees Shareholder Programme, where all eligible
employees are entitled to receive 50 free Multitude shares this
year. This programme's primary purpose is to align the interests of
employees and shareholders and provide extra rewards for them. On
the other hand, the All-Employees Shareholder Programme not only
strengthens employee ownership and dedication to the Company but
also expresses the new focus on generating more shareholder value
as per the latest strategy update in November 2023, announced
during Capital Markets Day 2023.Notably, the Company will cover all
costs associated with the share delivery, including potential
transfer taxes and income taxes arising from receiving the
shares.
Each participating employee will have a custody account opened
with a selected stockbroker (Evli), and after a 1-year holding
period, employees can opt to keep or sell their allocated shares
through the custody account. Dividends will be disbursed directly
into the employees’ cash accounts, allowing employees the
flexibility to withdraw funds at any time.
Multitude is committing its treasury shares to the program. 501
participants took the opportunity to participate in the
All-Employees Shareholder Program and the Company distributed a
total of 25,050 shares. Following these distributions, the number
of treasury shares held by Multitude SE stands at 80,786 or 0.37%
of the total shares outstanding.
“This strategic initiative reflects Multitude's ongoing
commitment to recognising and rewarding the contributions of our
valued employees. By aligning the interests of our workforce with
those of our shareholders, we aim to foster a collaborative and
prosperous future for all stakeholders,” said Jorma Jokela,
Multitude’s CEO.
Find out more about Multitude’s Matching Share Plan in previous
releases:
The Board of Directors of Multitude SE Decided on a New Key
Management’s Matching Share Plan for 2025-2028 and Granting Loans
to Key Management Team Members (investis.com)
MULTITUDE SE: Distribution of Own Shares to Employees Based on
Matching Share Plan Vesting (investis.com)Read the Capital Markets
Day (CMD) 2023 strategy update:
Multitude presents an update on future strategy and targets for
profitable growth until 2026
Contact:Lasse MäkeläChief Strategy and IR
OfficerPhone: +41 79 371 34
17E-Mail: Lasse.makela@multitude.com About
Multitude SE:
Multitude is a listed European FinTech company, offering digital
lending and online banking services to consumers, small and
medium-sized businesses, and other FinTechs overlooked by
traditional banks. The services are provided through three
independent business units, which are served by our internal
Banking-as-a-Service Growth Platform. Multitude’s business units
are consumer banking (Ferratum), business banking (CapitalBox) and
wholesale banking (Multitude Bank). Multitude Group employs over
700 people in 25 countries and offers services in 16 countries,
achieving a combined turnover of 212 million euros in 2022.
Multitude was founded in Finland in 2005 and is listed on the Prime
Standard segment of the Frankfurt Stock Exchange under the symbol
'FRU'.
Grafico Azioni Multitude (TG:FRU)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Multitude (TG:FRU)
Storico
Da Giu 2023 a Giu 2024