Lassila & Tikanoja operates a three-year share-based incentive programme which started in 2009, and option schemes 2005 and 2008.
Summary of share option schemes
|
Maximum number of options |
230,000 |
230,000 |
|
Granted to |
37 key persons |
36 key persons |
|
Held by L&T Advance Oy |
30,000 |
37,000 |
|
Outstanding options |
200,000 |
193,000 |
|
Listed since |
2 November 2009 |
|
|
Exercise period |
2 Nov 2009–
31 May 2011 |
1 Nov 2010–
31 May 2012 |
|
Exercise price |
26.87 |
16.27 |
|
Number of shares to which each share option entitles holder |
1 |
1 |
Pursuant to outstanding share options, a maximum of 393,000 new shares may be subscribed for, which is 1.0% of the current number of shares.