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Kitron GmbH Carl-Zeiss-Str. 3 72555 Metzingen, Germany http://www.kitron.com/
Contact Mr Tuomo Lähdesmäki +358 50 5879648
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Kitron GmbH

Kitron: Allocation of options

(PresseBox) (Metzingen, )
On 10 July 2020, the board of directors of Kitron ASA resolved to issue 1,400,000 options to senior management, whereof 150 000 options are re-allocated from Subprogram A (2019-2022) and 1,250,000 options are from Subprogram B (2020-2023). The options are issued in accordance with Kitron's long term incentive program 2019-2022 and the board of directors' declaration on salaries and other remuneration to the senior executive management, as approved by Kitron annual general meeting held 23 April 2020.

The share option program and properties of the options are described in note 19 and 28 in Kitron's annual financial statements for 2019.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.