Harvia Plc: New performance period for the Long-term Performance Share Plan
28 Marzo 2024 - 8:00AM
Harvia Plc: New performance period for the Long-term Performance
Share Plan
Harvia Plc, Stock Exchange Release, New performance
period for the Long-term Performance Share Plan, 28 March 2024 at
09:00 am EET
The Board of Directors of Harvia Plc have decided on a
new performance period for the Long-term Performance Share Plan for
the key employees
The Board of Directors of Harvia Plc has decided on March 27th,
2024 to continue the Long-term Performance Share Plan for the
management team and other key employees for the performance period
2024-2026.
The plan will form a part of Harvia Plc’s remuneration program
for its key employees, and the aim of the Plan is to support the
implementation of the company's strategy, to align the objectives
of key employees with the shareholders to increase the value of the
company, to improve the performance of the company, and to retain
key employees.
In the performance period 2024-2026, the plan has 27
participants at most and the targets for the performance period
relate to company´s total shareholder return, revenue growth, CO2
emissions and EBIT margin. The number of shares to be paid based on
the performance period 2024-2026 is maximum of 68 100 Harvia Plc´s
shares. This number of shares represents the gross earning, from
which the withholding of tax and possible other applicable
contributions are deducted and the remaining net amount is paid in
shares. However, the company has the right to pay the reward fully
in cash under certain circumstances. Potential rewards from the
performance period 2024-2026 will be paid out during spring
2027.
Harvia PlcBoard of Directors
Additional information:Ari Vesterinen, CFO tel. +358 40 5050 440
ari.vesterinen@harvia.com
Harvia is one of the leading companies operating in the sauna
and spa market globally, as measured by revenue. Harvia’s brands
and product portfolio are well known in the market, and the
company’s comprehensive product portfolio strives to meet the needs
of the international sauna and spa market of both private and
professional customers.
Harvia’s revenue totaled EUR 150.5 million in 2023. Harvia Group
employs approximately 600 professionals in Finland, Germany, United
States, Romania, China and Hong Kong, Austria, Italy, Estonia, and
Sweden. The company is headquartered in Muurame, Finland, adjacent
to its largest sauna and sauna component manufacturing
facility.
Read more: https://harviagroup.com
Grafico Azioni Harvia (TG:G1U)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Harvia (TG:G1U)
Storico
Da Dic 2023 a Dic 2024
