YIT Corporation Stock Exchange Release April 28, 2025, at 5:00 p.m.
Conveyance of YIT Corporation's own shares under YIT's share-based incentive
program
The Board of Directors of YIT Corporation has on 28 April 2025 decided on a
directed share issue for the reward payment from the 2022-2024 earning period
under YIT Group's Incentive Program.
In the share issue, a maximum of 71,957 YIT Corporation shares will be issued
and conveyed without consideration to the key persons participating in the
incentive program according to the terms and conditions of the YIT Incentive
Program. As the company will use its treasury shares for the reward payments,
the total number of shares of the company will not change.
The share-based incentive program and its terms decided by YIT's Board of
Directors were disclosed in more detail in a Stock Exchange Release published on
17 March 2020. The purpose of the program is to support the company's strategy
and to increase the company's value supplement to existing incentive programs.
Rewards will be paid to maximum 99 people belonging to the company's management
and personnel for the 2022-2024 earning period.
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
3 April 2025. The shares will be delivered to the incentive program participants
on 6 May 2025. After the conveyance of own shares, the company holds 1,413,792
own shares.
For further information, please contact:
Jennie Haasmaa, EVP, People & Culture, YIT Group, puh. 050 369 1178,
jennie.haasmaa@yit.fi
Distribution: Nasdaq Helsinki, major
media, www.yitgroup.com (https://www.yitgroup.com/en)
We build and develop sustainable living environments: functional and attractive
homes, future-proof public and commercial buildings, infrastructure to support
the green transition as well as industrial, production, and energy facilities to
support our customers' processes. YIT's vision is to be the expert partner in
developing sustainable homes, spaces, and cities - for a good life. There are
approximately 4,100 professionals in our team and our revenue in 2024 was EUR
1.8 billion. YIT Corporation's shares are listed on Nasdaq Helsinki.
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