Teleste Corporation´s conveyance of own shares based on the long-term incentive plan 2018

Teleste Corporation Stock Exchange Release 22 March 2021 at 9.00 am (EET)

Teleste Corporation’s conveyance of own shares based on the long-term incentive plan 2018

A total of 8 225 Teleste Corporation’s treasury shares were conveyed without consideration to the key employees participating in the plan period 2018-2020 of Teleste long-term share-based incentive programme 2018 in accordance with the terms and conditions of the plan. More detailed information about the launch of the plan period and its terms and conditions is available in a stock exchange release published on 8 February 2018.

The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 22 April 2020.

After the share delivery on 19 March 2021, the company holds a total of 768 194 own shares.

TELESTE CORPORATION

The Board of Directors

ADDITIONAL INFORMATION:
SVP HR Tuomas Vanne, phone +358 2 2605 611

DISTRIBUTION:
Nasdaq Helsinki
Main Media
www.teleste.com