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

Teleste Corporation
Stock exchange release
1 April, 2025, at 9:00 a.m. EEST

 

TELESTE CORPORATION´S CONVEYANCE OF OWN SHARES BASED ON THE LONG-TERM INCENTIVE PLAN

A total of 14,264 Teleste Corporation's treasury shares were conveyed without consideration to the key employees participating in the Teleste long-term share-based incentive programme launched in 2022. More detailed information about the launch of the plan periods and their terms and conditions is available in a stock exchange releases published on 10 February, 2022.

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 11 April, 2024.

After the share delivery on 31 March 2025, the company holds a total of 724,134 own shares.

TELESTE CORPORATION

The Board of Directors

Additional information:

SVP HR Tuomas Vanne, tel. +358 2 2605 611

Distribution:
Nasdaq Helsinki
Main Media
www.teleste.com   
                                    

About Teleste
Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to you, secure your safety in public places and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2024, Teleste’s net sales reached EUR 132,5 million and it had approximately 670 employees. Teleste is listed on Nasdaq Helsinki. For more information, visit www.teleste.com.