DECISION OF SCANFIL PLC'S BOARD OF DIRECTORS ON STOCK

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
DECISION OF SCANFIL PLC'S BOARD OF DIRECTORS ON STOCK OPTION PLAN

SCANFIL PLC           STOCK EXCHANGE RELEASE     25 SEPTEMBER 2014  3.30 p.m.

DECISION OF SCANFIL PLC'S BOARD OF DIRECTORS ON STOCK OPTION PLAN

On 18 April 2013, the General Meeting of shareholders of Scanfil Plc decided to authorise the Board of Directors to decide on granting stock options rights to certain key personnel of the company and its subsidiaries. The total number of option rights can be 750,000 and they entitle the key personnel to subscribe for a combined total of 750,000 of the company's new shares or shares in company’s possession.

Based on the authorisation by the General Meeting, the Board of Directors has decided to grant the CEO and Director of Finanace of Scanfil Plc and three key persons at the company's subsidiary Scanfil EMS Oy option rights in all for 225,000 shares.  The option rights shall be marked "2013B". Each option right entitles its holder to subscribe for one (1) of the company's new shares or shares in its possession. The subscription period for option right 2013B is 1 May 2017 – 30 April 2019. The subscription period for the option rights included in the option plan will not begin, unless the production and financial goals and conditions, set separately by the Board of Directors for exercising the option rights, are met. The option rights whose goals are not met will expire as determined by the Board. The subscription price of option right 2013B is EUR 1.41, which is the trading-volume weighted average share price in the NASDAQ OMX Helsinki of the period 1 - 31 March 2014.

The complete terms and conditions of the options plan 2013 (A) - (C) are enclosed with this stock exchange release and presented on Scanfil Plc's website. 

 

SCANFIL PLC Board of Directors

 

Additional information: Chairman of the Board of Directors, Harri Takanen tel. +358 8 4882 111

 

DISTRIBUTION      NASDAQ OMX Helsinki                                Major media                                www.scanfil.com

Scanfil Group is engaged in contract manufacturing for international telecommunications technology and professional electronics manufacturers. Scanfil has almost 40 years of experience in demanding contract manufacturing. Scanfil is a systems supplier that offers its products and services to international telecommunications systems manufacturers and professional electronics customers. Typical products are equipment systems for mobile and public switched telephone networks, automation systems, frequency converters, lift control systems, equipment and systems for electricity production and transmission, analysers, slot machines and different meteorological instruments. The company has production facilities in China, Estonia, Hungary, Germany and Finland.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Tragedy Highlights Need for E-bike Safety Overhaul

Updated Category News Views 0

A Dire Wake-Up Call in the East Village We're staring hard at a heartbreaking mess in the East Village. A 15-year-old girl lost her life while riding an electric Citi Bike, hit by an industrial truck. Let's not dance around it—this is a gut punch, the kind you never want to ever hear about, and one that comes with a bitter flavor of 'what if?' Age Verification: A...

Continue Reading
Beta Bionics Lawsuit Deadline: Investors Face November 3 Cut-off

Updated Category News Views 4

Looming Deadline for Beta Bionics Investors Time's ticking fast for those holding onto Beta Bionics (BBNX) stock who might've been caught in a web of undisclosed risks and regulatory misses. Investors feeling the pinch from this fiasco have till November 3, 2026, to throw their hat in the ring as lead plaintiffs in the class action lawsuit out of California. The...

Continue Reading
PayPal Under Investigation: Legal Battles Intensify

Updated Category News Views 3

A Bumpy Ride for PayPal's Investors Back in 2025, PayPal was beaming about new growth strategies, filling the air with grandiose promises. Fast forward to February 2026, and the script had flipped entirely. Earnings came in nasty and disappointing, particularly in the Branded Checkout front. Adding to the chaos was their CEO unceremoniously taking the high road out the...

Continue Reading
Insta360 Expands with Times Square Flagship Store

Updated Category News Views 3

Insta360 Times Square Opening Marks Bold Expansion I dropped by Times Square today, and what do I see? Insta360 planting its flag right in the heart of New York City. Now, this isn't your run-of-the-mill grand opening—it’s the first flagship store outside of Asia, and it screams of big ambitions. Nestled at 1515 Broadway, the store is smack in the middle of one of the...

Continue Reading
Flying Car Regulatory Sandbox Begins in UAE

Updated Category News Views 3

Pioneering Flying Cars in the Desert In a move that seems right out of a science fiction screenplay, ARIDGE—the bigwig of flying cars from Asia—has taken a giant leap. They’ve cozied up with the UAE, locking arms to cook up the world's first regulatory sandbox for personal flying cars. Now, don’t laugh—sandbox isn't just for toddlers. It’s the playground where...

Continue Reading
USPS Rolls Out Christmas Cookie Stamps Nationwide

Updated Category News Views 2

USPS Delivers Nostalgia with Cookie-Themed Stamps Let's talk stamps, folks. The U.S. Postal Service has rolled out its newest Christmas Cookies Forever stamps, bringing a dash of sugary nostalgia to mailboxes nationwide. The release was celebrated at the Smithsonian National Postal Museum, spotlighting a tradition as sweet as the sugar cookies themselves. These aren't...

Continue Reading
Chery Auto's Bold Green Tech Showcase at 2026 Summit

Updated Category News Views 2

Chery Auto Puts Eco Tech at Front and Center You know, Chery Auto isn't just manufacturing cars anymore—it's shaping an entire lifestyle. For the uninitiated, they’re calling in everyone worth knowing to their headquarters in Wuhu, China, come October 18 through 24. The 2026 Chery International User Summit is kind of a big deal this year with nearly 20 new green...

Continue Reading
Shanghai's Arts Carnival Fuses Tech and Culture

Updated Category News Views 2

Shanghai Heralds New Era in Arts with Carnival Coming in hot, Shanghai's ready to shake up the city's cultural scene with the 2026 International Audio-Visual Arts Carnival. It's happening in Jing'an District from September 24 to October 18, promising an experience that fuses travel, technology, and art. Just about anyone can catch a break from their daily grind and dive...

Continue Reading
Why Liver Nurture Taps into Health Sector Trends

Updated Category News Views 0

Liver Wellness: A Sector on the Rise Remember when everyone was all about heart health and cholesterol levels? Seems like these days, folks have shifted their focus a bit south—right to the liver. It's no surprise, really. With our modern diet and lifestyle choices squeezing the life out of this hard-working organ, people are on the hunt for ways to give it the TLC it...

Continue Reading
Quay Dominates 2026 Sunglasses Review for Variety

Updated Category News Views 4

Sunglasses Designed for Every Face Type When it comes to picking the right pair of shades, face shape is only part of the equation. Expert Consumers just dropped their 2026 verdict, spotlighting Quay as the go-to brand for those wider faces, tricky nose bridges, and the noggins that run a tad larger than average. Forget what you heard about one-size-fits-all. This...

Continue Reading

Top 5 Most Recently Viewed Articles

Onity Group's Upcoming Investor Conferences and Presentations

Updated Category News Views 210

Onity Group's Upcoming Investor Conferences Onity Group Inc. is gearing up to actively engage with investors at two significant conferences in May. The company's leadership is eager to showcase their strategic direction and recent developments in the financial services sector. Conference Participation Details Glen Messina, the Chair, President, and Chief Executive...

Continue Reading
Exploring Divergent Outlooks Among Educators and Leaders

Updated Category News Views 115

Diverse Perspectives in Education: Teachers vs. Administrators In a rapidly changing education landscape, the first annual Savvas Educator Index has surfaced some striking insights into the differing outlooks between teachers and administrators regarding the teaching profession. The report showcases how these two groups perceive the future of education, student...

Continue Reading
Growing Demand in the ASICs Market Expected to Surge

Updated Category News Views 182

Overview of the ASICs Market Growth The market for Application Specific Integrated Circuits (ASICs) is experiencing remarkable growth, projected to increase from USD 17.58 billion in 2023 to USD 30.99 billion by 2032. This growth showcases a compound annual growth rate (CAGR) of 6.43% from 2024 to 2032. The expanding utilization of ASICs across various sectors underlines...

Continue Reading
Propane Council of Texas Highlights Winter Preparedness Tips

Updated Category News Views 78

Preparing for Cold Weather: Propane Safety Tips With a significant drop in temperatures anticipated across Texas, the Propane Council of Texas is advising residents to prioritize safety and preparation. As the chilly season approaches, it's crucial to use propane responsibly and be patient with the increasing energy demand. Understanding Increased Propane Usage Cold...

Continue Reading
City Therapeutics Partners with Bausch + Lomb for Eye Health Advancements

Updated Category News Views 478

City Therapeutics Forms Collaboration with Bausch + Lomb In a groundbreaking move, City Therapeutics, Inc., a pioneering biopharmaceutical firm specializing in RNA interference (RNAi) medicine, has announced a strategic collaboration with Bausch + Lomb. This partnership aims to develop a novel treatment targeting retinal diseases, particularly geographic atrophy (GA), a...

Continue Reading