Jukka Leinonen's Share-Based Incentive Reported by Lassila & Tikanoja
Lassila & Tikanoja Highlights Managers' Transactions
Lassila & Tikanoja plc has made a significant announcement concerning managerial transactions, particularly revealing details about Jukka Leinonen, a member of the Board and Deputy member. This communication details important updates regarding transactions initiated by the company's management.
Details of the Transaction
In line with their obligation to maintain transparency, Lassila & Tikanoja disclosed specific information about a recent share-based incentive received by Jukka Leinonen. This transaction was officially recorded on May 5 and involved 2,972 shares at a unit price of zero euros, illustrating the company's incentive structure for its board members.
Understanding the Incentive Structure
The share-based incentive plan is designed to align the interests of managers with those of shareholders, fostering a culture of accountability and performance. By granting shares as part of compensation, Lassila & Tikanoja ensures that Jukka Leinonen and others in leadership positions have a vested interest in the company's success and long-term growth.
Company Overview: Lassila & Tikanoja
Lassila & Tikanoja Oyj is at the forefront of implementing the circular economy in its operations. With a strong commitment to sustainability, the company continues to work closely with clients to maximize the productive usage of materials and energy. They aim to enhance the value provided to customers while simultaneously ensuring positive impacts on society and the environment.
Commitment to Sustainable Growth
The company employs around 7,400 individuals and reported net sales nearing EUR 770.7 million in the last year. This growth reflects not only the profitability of their operations but also their dedication to sustainable practices. By focusing on the carbon handprint of their actions, Lassila & Tikanoja works towards increasing their positive influence on climate initiatives.
Contact Information
For further inquiries regarding this announcement, you can reach Hilppa Rautpalo, the General Counsel of Lassila & Tikanoja, at +358 46 876 7123. They are always ready to provide clarity on any details concerning managerial transactions and the company’s ongoing initiatives.
Frequently Asked Questions
What was the nature of the transaction involving Jukka Leinonen?
Jukka Leinonen received a share-based incentive consisting of 2,972 shares with a unit price of zero euros.
Who reported the transaction details?
The details of the transaction were reported by Lassila & Tikanoja plc, ensuring compliance with notification requirements.
How does Lassila & Tikanoja contribute to sustainable practices?
The company focuses on the circular economy, maximizing the use of materials and energy in partnership with customers, while enhancing value for society.
What are the recent financial highlights of Lassila & Tikanoja?
Lassila & Tikanoja reported net sales of EUR 770.7 million in the past year and employs approximately 7,400 people.
Who can be contacted for more information?
For additional information regarding the company's operations or managerial transactions, Hilppa Rautpalo can be contacted via telephone.
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