Brief: Frequentis Allocates Shares To Exec Board Chairman Norbert Haslacher

Frequentis AG

11/04/2022 12:44

April 11 (Reuters) - FREQUENTIS AG  FQT.VI :
    * ENVISAGED DISPOSAL OF OWN SHARE WITHIN SCOPE OF LONG TERM
INCENTIVE PLAN 2019
    * HAS RESOLVED TO ALLOCATE OWN SHARES IN COMPANY TO CHAIRMAN
OF
EXECUTIVE BOARD OF COMPANY, MR NORBERT HASLACHER, IN ACCORDANCE
WITH LONG TERM INCENTIVE PLAN 2019 AND TO EXCLUDE GENERAL
PURCHASING POSSIBILITY OF SHAREHOLDERS OF COMPANY IN CONNECTION
THEREWITH
    * MAXIMUM NUMBER OF 14,000 OF OWN SHARES IN COMPANY (GROSS
NUMBER
BEFORE DEDUCTION OF TAXES AND DUTIES) SHALL BE TRANSFERRED TO MR
HASLACHER WITHIN SCOPE OF LTIP2019
    * ACTUAL NUMBER OF OWN SHARES WHICH SHALL BE TRANSFERRED TO
MR
HASLACHER WITHIN SCOPE OF LTIP2019 DEPENDS ON ACTUAL TARGET
ACHIEVEMENT BY MR HASLACHER UNDER LTIP2019 AND IS EXPECTED TO BE
DETERMINED BY EXECUTIVE BOARD AT BEGINNING OF MAY 2022

Source text for Eikon:  ID:nPex4gGgCa 
Further company coverage:  FQT.VI 

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