Important Update on Managers' Transactions at Verkkokauppa.com
Overview of Managers' Transactions at Verkkokauppa.com
Verkkokauppa.com Oyj is making waves in the e-commerce world with its recent managers' transactions, particularly involving Enel Sintonen, a member of its Board of Directors. This transaction was initiated according to a resolution from the company's Annual General Meeting.
Details of the Transaction
Following the resolution adopted on April 8, 2025, Verkkokauppa.com Oyj has committed that 50 percent of the annual fee for its Board of Directors will be compensated through shares. This policy demonstrates the company's dedication to aligning its executives' interests with those of its shareholders. For Enel Sintonen, the company transferred a total of 5,287 shares, enhancing his stake in the business.
Transaction Breakdown
The details of Sintonen's transaction are outlined under the EU Market Abuse Regulation. According to the initial notification, this transaction occurred on July 18, 2025, and involved a total of 5,287 shares at a unit price of 0 EUR, reflecting the structure of the incentive as share-based compensation.
Implications for Shareholders
This share-based compensation aligns with best practices in corporate governance and demonstrates Verkkokauppa.com's commitment to transparency. Shareholders can view such transactions as a positive indicator of management's commitment to the company’s long-term growth and sustainability.
About Verkkokauppa.com
Founded in 1992, Verkkokauppa.com has always been at the forefront of e-commerce, catering to its customers with a seamless online shopping experience. With Finland’s fastest delivery service, and targeting over 1.7 million customers, the company is continually striving for excellence. In 2024, it reported revenues of EUR 468 million and employed around 600 people, showcasing its robust business model.
Future Outlook for the Company
As Verkkokauppa.com continues to innovate, delivering superior service and value, it remains committed to leading the market. With initiatives like one-hour delivery, the company is reshaping the expectations of online shopping. This not only adds convenience for customers but also reinforces Verkkokauppa.com’s position as a leader in the Finnish market.
Contact Information
For more details on their business activities or inquiries regarding transactions, Klaus Korhonen, the Head of Legal, is available for contact. He can be reached via email or telephone, offering insight into Verkkokauppa.com’s operations and strategies.
Frequently Asked Questions
What recent transaction was made by Verkkokauppa.com's management?
The recent transaction involved Enel Sintonen receiving 5,287 shares as part of a share-based incentive plan.
What percentage of the Board's remuneration is paid in shares?
According to the company’s policy, 50 percent of the Board's annual fee will be compensated in shares.
How does this transaction affect shareholders?
This transaction aligns the interests of the management with those of shareholders, showing commitment to the company's growth.
When was Verkkokauppa.com founded?
Verkkokauppa.com was founded in 1992 and has maintained a strong online presence ever since.
What are the current revenue figures for Verkkokauppa.com?
The company reported a revenue of EUR 468 million in 2024, indicating its strong market position.
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