OMA SAVINGS BANK PLC, PRESS RELEASE ON APRIL 11, 2022 AT 9:00 PM EET, CHANGES IN THE COMPANY’S OWN SHARES
CORRECTION: Switch The clothe by Oma Savings Baplcown actions
Oma Savings Bank Pc (OmaSp or the Company) published a change in the ownership of its own shares on March 28, 2022 at 5:30 p.m. in the form of a stock exchange press release. The number of shares transferred to key individuals included in the stock incentive and the number of shares held by the company after the transfer published in the release will be corrected with this release. Due to a technical calculation error, 12,098 shares were returned to the company on April 8, 2022, which had been incorrectly delivered as stock incentives.
Press release corrected in full below:
Oma Savings Bank Plc (OmaSp or the Company) has transferred a total of 79,153 treasury shares held by the company to key individuals included in the stock incentive plan for 2020-2021. For the 2020-2021 compensation period, the payment of the bonus is spread over the years 2022-2025. Key persons do not benefit from any other variable remuneration system during the remuneration period, so the performance-based remuneration of the company’s management is in shares.
The main conditions of the incentive plan are described in more detail in the stock exchange press release published on February 17, 2020. The transfer of shares is based on the decision of the board of directors of OmaSp published as a stock exchange press release on February 24, 2020. February 2022.
Following the share transfer, OmaSp holds 130,847 of its own shares.
Oma Savings Bank Plc
Minna Sillanpää, CCO, tel. +358 50 66592, email@example.com
Nasdaq Helsinki Ltd
OmaSp is a growing Finnish bank and Finland’s largest savings bank by total assets. Approximately 330 professionals provide services nationwide through OmaSp’s 35 branches and digital service channels to more than 150,000 clients. OmaSp focuses primarily on retail banking operations and offers its customers a wide range of banking services both through its own balance sheet and by acting as an intermediary for its partners’ products. Intermediated products include credit insurance, investment and loan products. OmaSp is also engaged in mortgage banking.
The central idea of OmaSp is to provide personalized service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to provide a high level customer experience through personalized service and easy accessibility. In addition, the development of operations and services is customer-oriented. Staff are engaged and OmaSp seeks to support their career development with cross-functional tasks and continuous development. A substantial part of the staff also holds OmaSp shares.