Eastnine's Annual General Meeting 2018 decided on the introduction of a long-term incentive program for employees in the company (LTIP 2018). The duration of the program was just over three years. At the end of the term, all conditions were met and the Board has decided on a full allotment to the participants, which means a total of 58,685 shares. Allocation will take place as soon as possible, but no later than 45 days after the publication of Eastnine's quarterly report for the period January-September 2021, which was November 10, 2021.
Eastnine AB (publ)
For more information contact:
Kestutis Sasnauskas, CEO, 08-505 97 700
Britt-Marie Nyman, CFO and Deputy CEO, 070-224 29 35
Eastnine AB is a Swedish real estate company with a property value of EUR 416m and a long-term net asset value of EUR 343m as of 30 September 2021. Eastnine's vision is to create and provide prime venues where ideas can flow, people can meet, and successful business can be developed. The mission is that Eastnine shall be the leading long-term provider of modern and sustainable office and logistics premises in prime locations in the Baltics. Eastnine is listed on Nasdaq Stockholm Mid Cap, sector Real Estate.
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