Lehto Group Plc: Transferring own shares to the members of the Board of Directors

Lehto Group Plc
Stock exchange release
May 4, 2020 at 16.15 (EET)

Lehto Group Plc’s the Annual General Meeting on April 14, 2020 resolved that, unless a member of the board of directors refuses to accept the shares, the remuneration of the members of the Board of Directors shall be made in Lehto Group Plc shares and in cash, with approximately 40 per cent of the remuneration paid in shares and the remainder in cash. None of the members of the board of directors refused to accept the shares. Lehto Group Plc has on May 4, 2020 transferred without consideration a total of 56,893 of the company’s own shares (direct share issue) to the Board members in accordance with the resolution of Annual General Meeting and the voluntary decrease of the remuneration of the members of the Board of Directors as released on 29 April 2020.

Following the transfer, Lehto Group Plc holds a total of 249,509 of its own shares.

Further information:

Veli-Pekka Paloranta

Chief Financial Officer

veli-pekka.paloranta@lehto.fi

+358 400 944 074