Reuters logo
BRIEF-Rostelecom launches employee long-term incentive scheme
October 19, 2016 / 4:15 PM / in a year

BRIEF-Rostelecom launches employee long-term incentive scheme

Oct 19 (Reuters) - Rostelecom :

* Launches a new long-term incentive programme based on the principle of cofinancing the purchase of company shares by employees

* The Programme is set to run for 3 annual cycles, in 2017, 2018 and 2019

* Proposes that between 2.9 pct to 6.0 pct of the company’s ordinary shares is dedicated to the Programme

* The vesting period is 6 months

* The Programme will be implemented through a closed-end investment fund (CEIT), which will act as an intermediary between the participants' incentive programme and the market Source text: bit.ly/2eG9SzH

Further company coverage:

Gdynia Newsroom

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below