Core Viewpoint - Harvia Plc has conducted a directed share issue to key employees as part of its share-based incentive program for the performance period 2023–2025, transferring 13,823 own shares without consideration [1][2]. Group 1: Share Issuance Details - The share issue involves the transfer of 13,823 own shares held by the company to key employees participating in the incentive program [2]. - After the transfer, the company retains a total of 6,977 own shares [2]. - The decision for the share transfer is based on the authorization from the Annual General Meeting held on 8 April 2025, and it does not dilute existing shareholdings as the shares are already owned by the company [3]. Group 2: Incentive Program Objectives - The long-term incentive program aims to support the company's strategy, align management objectives with shareholder interests, enhance company value, and strengthen management commitment [4]. Group 3: Company Overview - Harvia is a leading company in the global sauna market, recognized for its well-known brands and comprehensive product portfolio catering to both private and professional customers [5]. - In 2025, Harvia's revenue reached EUR 198.9 million, and the company employs over 700 professionals across various countries including Finland, the United States, Germany, Romania, China, Hong Kong, Austria, Italy, and Sweden [6].
TRANSFER OF HARVIA’S OWN SHARES AS REWARDS UNDER INCENTIVE PROGRAM
Globenewswire·2026-03-24 07:00