PÖYRY PLC Company Announcement 29 April 2014 at 8.50 a.m.
Pöyry PLC: Amendment to earlier announced share-based incentive plan
The Board of Directors of Pöyry has decided to amend the total reward amount of the share-based incentive plan that was announced on 5 February 2014. The rewards to be paid on the basis of the discretionary period 2014 will correspond to an approximate value of a maximum total of 400,000 Pöyry PLC shares (gross), if the earnings target set by the Board of Directors is met. Should the Company's earnings exceed the target and reach maximum performance, as defined by the Board of Directors, the rewards to be paid on the basis of the discretionary period 2014 will correspond to an approximate value of a maximum total of 800,000 Pöyry PLC shares (gross).
PÖYRY PLC
Additional Information:
Jaana Rinne, SVP, Human Resources
Tel. +358 10 33 22153
Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and locally in our core markets. We deliver strategic advisory and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation, water and real estate sectors. Pöyry has an extensive local office network employing about 6,500 experts. Pöyry's net sales in 2013 were EUR 650 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).
DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Main Media
www.poyry.com (http://www.poyry.com/)
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pöyry Oyj via Globenewswire
