Skip to content

New long-term incentive scheme for Digia’s management

Digia Plc
Stock Exchange Release
4 May 2023 at 3:01 PM

Digia Plc's Board of Directors has decided to establish a new long-term share-based incentive scheme. The Board will confirm the target group of the long-term incentive scheme at a later date. In principle, the target group consists of the CEO and the company’s senior executives. Other individual key persons may also be included in the scheme. The scheme is designed to align the goals of the company's shareholders and management in order to increase the company’s value, and to commit executive management to the company and its long-term objectives.  

The new long-term incentive scheme will run for 2023–2025. It offers participants the chance to earn company shares if the targets set by the Board of Directors for the three-year bonus period are met.

These targets are based on the company's net sales, cumulative earnings per share (EPS) for 2023–2025 and sustainability objective. The earnings period for indicators is three years (2023–2025), and the targets for all indicators have been set for the final date of the earnings period. During the bonus period, the company’s CEO and other scheme participants are entitled to a bonus equivalent to a maximum of 480,000 Digia Plc shares. If the terms are met, the bonuses for all indicators based on the new scheme will be paid at the end of the reward period in spring 2026. All bonuses under this scheme will be paid as a combination of shares and cash. The cash component of the bonus will primarily be used to cover taxes and other comparable costs arising from the scheme.

As a rule, the bonus will not be paid if a member resigns or if a member’s employment or post is terminated prior to the bonus payment date specified in the incentive scheme. Under certain conditions, the Board has the option, at its discretion, to decide on possible bonuses in accordance with the pro-rata principle.

Digia Plc
Board of Directors

For more information, please contact:

President & CEO Timo Levoranta, tel. (exchange) +358 (0)10 313 3000


Nasdaq Helsinki
Key media

Digia is a software and service company that combines technological possibilities and human capabilities to build intelligent business, society and a sustainable future. Our mission is to ensure that our customers are at the forefront of digital evolution. There are more than 1,500 of us working at Digia and we operate globally with our international customers. Digia’s turnover in 2023 was EUR 192,1 million. The company is listed on Nasdaq Helsinki (DIGIA).