Transfer of shares held by Verkkokauppa.com Oyj for the payment of the remuneration to the Board of Directors - change in company’s treasury shares
Verkkokauppa.com Oyj STOCK EXCHANGE RELEASE 9 February 2024 at 11:30 EET
Based on the decision of the Annual General Meeting held on 30 March 2023, Verkkokauppa.com Oyj has today transferred a total of 12,761 treasury shares held by the company to certain members of the Board of Directors as part of the annual fees of the Board of Directors. The payable amount of annual remuneration was paid fully in cash to Samuli Seppälä.
According to the decision of the Annual General Meeting as a rule 50 percent of the annual Board fees will be paid in Verkkokauppa.com Oyj shares either purchased from the market or alternatively by using treasury shares held by the company.
After the transfer of the shares, Verkkokauppa.com Oyj holds 132,958 treasury shares. The resolutions of the Annual General Meeting were announced in a stock exchange release on 30 March 2023.
For more information, please contact:
Marja Mäkinen, Head of Investor Relations and Corporate Communications
Verkkokauppa.com Oyj
marja.makinen@verkkokauppa.com
Tel. +358 40 671 2999
Distribution:
Nasdaq Helsinki
Main media
www.verkkokauppa.com
Verkkokauppa.com (Nasdaq Helsinki: VERK) is Finland's leading online store, offering a wide range of products from home technology to leisure as well as business needs. Operating since 1992, the company is one of the oldest online retailers in the world, combining its online store and brick-and-mortar stores for an omnichannel customer experience. Verkkokauppa.com's four megastores are located in Oulu, Pirkkala, Raisio and Jätkäsaari, Helsinki. To provide a superior customer experience, the company delivers products as fast as an hour to your door around the clock, utilizing automation and robotics. Verkkokauppa.com employs around 700 people. The company is listed on the Nasdaq Helsinki stock exchange, and it has more than 21,000 shareholders.
