The target group comprises approximately 22 individuals. Spinnovan’s board has introduced a new performance-based share bonus system for key personnel in the group for the period 2024-2028. The fees paid from the first earnings period will amount to a maximum value of around 992,000 Spinnova shares, which includes a portion paid in cash. According to a press release, any fees paid from the system will be distributed partly in shares and partly in cash, with the cash component intended to cover taxes and social insurance contributions incurred by the participant.
Bonuses will be paid within five months of the end of the earning period, and typically, no bonus will be paid if the participant’s employment or business relationship ends before the bonus is distributed.
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