Business news : Amer Sports: Changes to the Performance Share Plan

Amer Sports Corporation /STOCK EXCHANGE RELEASE / December 20, 2013 at 9.30 am

The Board of Directors of Amer Sports has decided to make the following changes to the company's Performance Share Plan 2013-2015 for the Group key personnel:

• the number of employees included in the Performance Share Plan is extended from approximately 80 to 200 persons, and 
• the amount of net rewards to be paid on the basis of the Performance Share Plan is increased from a maximum total of 1,200,000 to a maximum total of 1,400,000 Amer Sports Corporation shares. 

The Performance Share Plan was approved on December 14, 2012. The other terms of the Performance Share plan remain unchanged.

The changes are related to the expiration of the company's deferred cash long-term incentive program 2011-2013 on December, 31, 2013.

For more information, please contact:
 

Heli Harri, Communications Manager, tel. +358 9 7257 8306, heli.harri@amersports.com

Amer Sports Corporation

DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.amersports.com

AMER SPORTS
 

Amer Sports (www.amersports.com) is a sporting goods company with internationally recognized brands including Salomon, Wilson, Atomic, Arc'teryx, Mavic, Suunto and Precor. The company's technically-advanced sports equipment, footwear and apparel improve performance and increase the enjoyment of sports and outdoor activities. The Group's business is balanced by its broad portfolio of sports and products and a presence in all major markets. Amer Sports shares are listed on the NASDAQ OMX Helsinki stock exchange (AMEAS).

By press release