The Board of Directors of
The ESSP consists of a one-year savings period and a holding period following the savings period. The ESSP is offered to all Loihde employees. The employees will have the opportunity to save a portion of their salaries and invest those savings in Loihde’s shares. The savings will be used to buy shares in Loihde four times a year. The Board of Directors will decide whether the savings shares are purchased from the market or whether they are delivered to the participants in a directed share issue decided separately by the Board.
As a reward for their commitment, Loihde grants the participating employees a gross bonus of one (1) matching share for every two (2) savings shares acquired with their savings. Additionally, the participants have the opportunity to earn half (0.5) or one (1) performance-based matching share (gross) for every two (2) savings shares acquired with their savings, based on the achievement of the performance criterion. The performance criterion is the Group's EBITDA for the financial years 2024-2026. Continuity of employment and holding of acquired savings shares for the duration of the holding period are the prerequisites for receiving the bonus.
The potential bonus will be settled in shares, or partly in shares and partly in cash, after the holding period. The cash portion is intended to cover taxes and tax-like charges. The matching shares will be freely transferable after their registration on the participant's book-entry account.
Participation in the ESSP is voluntary. The savings period will commence on
"Loihde has offered its employees share-based incentive schemes since 2018. More than half of our employees have become owners of Loihde through them," says Loihde’s CEO
Further information
CEO
Media contact: Director of Communications
Loihde enables business continuity.We help our customers to gain a sustainable competitive edge through data, AI and digitalisation, to harness the potential of the cloud and to protect themselves against both physical and cyber threats.The combining of these skills is what makes Loihde a unique and comprehensive partner.We are approximately 850 skilled professionals, and our revenue in 2023 amounted to
Attachments
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