Latest news with #KlausKorhonen
Yahoo
18-07-2025
- Business
- Yahoo
Transfer of shares held by Verkkokauppa.com Oyj for the payment of the remuneration to the Board of Directors - change in company's treasury shares
Transfer of shares held by Oyj for the payment of the remuneration to the Board of Directors - change in company's treasury shares Oyj STOCK EXCHANGE RELEASE 18 July 2025 at 12:00 EEST Based on the resolution of the Annual General Meeting held on 8 April 2025, Oyj has today transferred a total of 37,009 treasury shares held by the company to certain members of the Board of Directors as part of the annual fees of the Board of Directors. Samuli Seppälä's annual fee will be paid fully in cash. According to the resolution of the Annual General Meeting, as a rule, 50 percent of the annual fee will be paid in Oyj shares either purchased from the market or alternatively by using treasury shares held by the company. After the transfer of the shares, Oyj holds 49,336 treasury shares. The resolutions of the Annual General Meeting were announced as a stock exchange release on 8 April 2025. For more information, please contact: Klaus Korhonen, Head of Legal Tel. +358 50 32 555 28 is an e-commerce pioneer that stands passionately on the customer's side. accelerates the transition of commerce to online with Finland's fastest deliveries and ultimate convenience. The company leads the way by offering one-hour deliveries to more than 1.7 million customers, a winning assortment and probably always cheaper prices. Every day, the company strives to find more streamlined ways to surpass its customers´ expectations and to create a new norm for buying and owning. was founded in 1992 and has been online since day one. The company's revenue in 2024 was EUR 468 million and it employs around 600 people. is listed on the Nasdaq Helsinki stock in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-02-2025
- Business
- Yahoo
Administrative Court upheld the administrative fine imposed on Verkkokauppa.com by the Data Protection Ombudsman's Sanctions Board
Administrative Court upheld the administrative fine imposed on by the Data Protection Ombudsman's Sanctions Oyj Stock exchange release 24 February 2025 at 6:00 PM (EET)Helsinki Administrative Court has upheld the administrative fine imposed on by the Data Protection Ombudsman's Sanctions Board. The company announced the administrative fine on 15 March 2024. The company has recognized a provision for the administrative fine in its first quarter 2024 results. The decision is not legally binding and the company considers further actions. For further information, please contact:Klaus Korhonen, Head of Oyj Tel. +358 50 32 555 is an e-commerce pioneer that stands passionately on the customer's side. accelerates the transition of commerce to online with Finland's fastest deliveries and ultimate convenience. The company leads the way by offering one-hour deliveries to more than 1.7 million customers, a winning assortment and probably always cheaper prices. Everyday, the company strives to find more streamlined ways to surpass its customers´ expectations and to create a new norm for buying and owning. was founded in 1992 and has been online since day one. The company's revenue in 2024 was EUR 468 million and it employs around 600 people. is listed on the Nasdaq Helsinki stock exchange. Sign in to access your portfolio
Yahoo
12-02-2025
- Business
- Yahoo
The Board of Verkkokauppa.com Oyj resolved on a new Performance Period under Performance Matching Share Plan 2023–2027
The Board of Oyj resolved on a new Performance Period under Performance Matching Share Plan 2023–2027 Oyj STOCK EXCHANGE RELEASE [12th] [February] 2025 at [14:30] EET The Board of Directors of Oyj (" or the "Company") has on 12 February 2025 resolved on a new Performance Period under the Company's Performance Matching Share Plan 2023–2027 announced in May 2023. The aim of the plan is to align the objectives of the shareholders and the management to increase the value of the Company in the long-term, to encourage the management to personally invest in the Company's shares, to retain the target group at the Company, and to offer them a competitive incentive plan in which the participants may earn shares as a reward for performance and their personal investment. The Performance Matching Share Plan 2023–2027 comprises of annually commencing three-year's Performance Periods of which the first commenced in the beginning of 2023. The Board of Directors has on 12 February 2025 resolved on the commencement of the third Performance Period covering years 2025–2027. The performance criterion in the third Performance Period 2025–2027 is the Total Shareholder Return of the Company's share (TSR). The achievement of the required TSR levels will determine the proportion out of the maximum reward that will be paid to a participant. The prerequisite for participation in the plan and receiving the reward is that the person allocates freely transferable shares held by him or her to the plan or acquires the Company's shares in a number determined by the Board of Directors. The rewards for the Performance Period 2025–2027 will be paid partly in the Company's shares and partly in cash by the end of May 2028. The cash proportion is intended to cover taxes and tax-related costs arising from the reward to the participant. As a rule, no reward will be paid if a participant's employment or service ends before the reward payment. The CEO is obligated to hold 50 per cent of the reward shares until the CEO's total personal shareholding in the Company corresponds to the CEO's annual salary. The target group of the plan consists of eight people (the CEO and all members of the Management Team). The maximum number of shares to be paid from the third Performance Period 2025–2027 is a total of 340,000 shares, including the proportion to be paid in cash. The final number of shares depends on the number of shares acquired by the participants and the achievement of the TSR levels. Oyj Board of Directors For more information, please contact: Klaus Korhonen, Secretary of the Board of Directors Oyj Tel. +358 50 32 555 28 is an e-commerce pioneer that stands passionately on the customer's side. accelerates the transition of commerce to online with Finland's fastest deliveries and ultimate convenience. The company leads the way by offering one-hour deliveries to more than 1.7 million customers, a winning assortment and probably always cheaper prices. Everyday, the company strives to find more streamlined ways to surpass its customers´ expectations and to create a new norm for buying and owning. was founded in 1992 and has been online since day one. The company's revenue in 2024 was EUR 468 million and it employs around 600 people. is listed on the Nasdaq Helsinki stock exchange.
