STOCK EXCHANGE RELEASE March 30, 2010 AT 2.00 P.M.
ASSIGNMENT OF WULFF-GROUP’S OWN SHARES – SHARE-BASED INCENTIVE PLAN 2008-2010
As a part of Wulff-Group’s key personnel’s share-based incentive plan decided in February 2008, the Board of Directors decided to assign 5,000 treasury shares owned by the company without compensation to Group’s key person. The shares were handed over on March 23, 2010.
Wulff-Group’s Board of Directors resolved in February 2008 on a share-based incentive plan for the Group key personnel. The Plan includes three earning periods which are calendar years 2008, 2009 and 2010. There is a maximum of a three-year restriction period for the shares, during which it is prohibited to transfer the shares. If a key person’s employment or service ends during the restriction period, the person must return the shares given as reward to the Company without compensation.
After handing over these shares, the company holds 66,829 own shares (WUF1V).
Heikki Vienola CEO
CEO Heikki Vienola tel. +358 9 5259 0050 or mobile: +358 50 65 110
NASDAQ OMX Helsinki Oy
Wulff-Group Plc is a growing, profitable and increasingly international listed company and the Finnish market leader in office supplies. Wulff sells and markets office supplies, business and advertising gifts, IT supplies and ergonomics. Its service range includes diverse fair and event marketing services. In addition to Finland, Wulff operates in Sweden, Norway, Denmark, Estonia and Lithuania. The Group also serves its customers online with a web store for office supplies at wulffinkulma.fi and a business and advertising gift service at liikelahjamoottori.fi.