Gofore Plc
Stock Exchange Release
Other information disclosed according to the rules of the exchange
Gofore initiates a new period of employee share savings plan
The Board of Directors of
The new plan period will commence on
After the holding period, Gofore will grant the employees participating in the plan one free matching share against every three shares acquired with savings as a gross reward. The prerequisites for receiving matching shares are that a participant holds the acquired shares for the entire holding period, and that their employment at Gofore has not ended before the end of the holding period. The holding period will end on
Additionally, a participant can earn 0–1.5 performance based matching shares against every three shares acquired with savings as a gross reward, if the target set by the
The total amount of all savings of the plan period 1 March 2024–28 February 2025 may not exceed
Dividends paid on shares acquired with the savings and on matching shares given in the plan will be reinvested into acquisition of additional shares on the next potential acquisition date. These shares will have an equal right to matching shares.
Matching shares will be paid partly in the company’s shares and partly in cash as soon as possible after the end of the holding period. The cash proportion is intended to cover taxes and tax-related costs arising from the matching shares to a participant. The matching shares are freely transferable after their transfer on the participant’s book-entry account.
The intention is that the company will decide on share issues to subscribe for the shares to be acquired with the accumulated savings at a 10% discount. The company makes decisions on share issues before the acquisition of shares.
The Board of Directors decides on the next potential savings period and its details separately.
Contacts
- Timur Kärki, Chair of the Board,
Gofore Oyj , +358 40 828 5886, timur.karki@gofore.com
About Gofore Oyj
Gofore is an international digital transformation consultancy with Finnish roots. We have over 1,400 impact-driven people in 19 locations across
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