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0RPG Robit Plc

5.84
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Robit Plc LSE:0RPG London Ordinary Share FI4000150016 ROBIT ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.84 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Construction Machinery & Eq 94.09M -3.05M -0.1442 -40.50 123.42M

ROBIT PLC GRANTS OWN SHARES FOR BOARD’S ANNUAL COMPENSATION AND FOR CEO AS PART OF ANNUAL SALARY

15/12/2023 4:00pm

GlobeNewswire Inc.


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ROBIT PLC GRANTS OWN SHARES FOR BOARD’S ANNUAL COMPENSATION AND FOR CEO AS PART OF ANNUAL SALARY

ROBIT PLC        STOCK EXCHANGE RELEASE        15 DECEMBER 2023 AT 18.00 EET                      ROBIT PLC GRANTS OWN SHARES FOR BOARD’S ANNUAL COMPENSATION AND FOR CEO AS PART OF ANNUAL SALARY

At its meeting on 15th December 2023, the Board of Directors of Robit Plc decided to grant in total 60 294 shares to its Board of Directors as the annual compensation for the year 2023. The grant is based on the authorization given to the Board of Directors by the Annual General Meeting on 15th March 2023. The total value of the granted shares based on the closing price of 13th December 2023 is EUR 82 000.

The Board of Directors decided to grant to the Group CEO, Arto Halonen, in total 8 824 shares as part of the fixed yearly salary. The release is based on CEO contract. The total value of the granted shares based on the closing price of 13th December 2023 is EUR 12 000.

The total amount of the granted shares is accordingly 69 118 shares and the total value based on the closing price of 13th December 2023 is EUR 94 000.

The share compensation is granted with the shares, which are already in the assets of Robit Plc, so the total amount of shares does not change. The total amount of shares in Robit Plc’s assets before the release is 116 308 shares equaling 0.5 percent of the total amount of the company’s shares and after the release the total amount of shares is 47 190 equaling 0.2 percent of the total amount of the company’s shares.

The granted shares will be paid by 20th December 2023.

ROBIT PLCBoard of Directors

Further information:Arto Halonen, Group CEO+358 40 028 0717arto.halonen@robitgroup.com

Distribution:Nasdaq Helsinki LtdKey mediawww.robitgroup.com

Robit is the expert focused on high quality drilling consumables for mining and construction markets globally to help you drill Further. Faster. Robit strives to be world number one company in drilling consumables. Through our high and proven quality Top Hammer, Down the Hole and Geotechnical products, and our expert services, we deliver saving in drilling costs to our customers. Robit has its own sales and service points in seven countries and an active distributor network through which it sells to more than 100 countries. Robit’s manufacturing units are located in Finland, South Korea, and the UK. Robit’s shares are listed on Nasdaq Helsinki Ltd. Further information is available at www.robitgroup.com.

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