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Kamux’s share-based incentive plan for 2024-2026

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Kamux Corporation, Stock Exchange Release, 1.3.2024 at 08:30

HÄMEENLINNA, Finland , March 1, 2024 /PRNewswire/ — 

New long-term incentive Plan for key employees

Kamux Corporation’s Board of Directors has decided to approve a new long-term incentive Plan for the Group’s key persons for 2024–2026 (the “Plan”). The objective of the Plan is to encourage and commit the Group’s key persons to implement the strategy and increase shareholder returns on a long-term basis, as well as to align the objectives of the company’s shareholders and key employees in order to increase the value of the company. 

The Plan commences at the beginning of 2024 and it is divided into three one-year performance periods. For the 2024 performance period, the payment of the potential reward from the Plan is based on exceeding the company’s operating profit threshold set by the Board of Directors, as well as on the development of earnings per share (ESP) and total shareholder return (TSR) and exceeding a certain ESG target indicator on an annual basis. The potential reward will be paid primarily in Kamux’s shares or cash or a combination thereof for the Finnish and German key employees by the end of April following the end of each performance period, and for the Swedish key employees by the end of April following the end of a separate two-year waiting period commencing from the confirmation of the reward.

The Board of Directors has selected 38 key persons, including the CEO, to participate in the Plan. In accordance with the terms and conditions of the Plan, the Board of Directors may decide during the performance period on the admission of new participants to the Plan. If a participant’s employment or service ends before the reward payment, the reward will not, as a general rule, be paid.

If the maximum targets set for the performance criteria of the performance period 2024 are reached, the total amount of rewards to be paid based on the Plan for the performance period 2024 is approximately EUR 2.5 million (gross), corresponding to an estimated maximum of approximately 456,000  Kamux shares, when the value is calculated based on the volume-weighted average share price of Kamux’s share in January 2024. 

The net shares issued as reward for the Finnish and German participants will be subject to a transfer restriction during the commitment period. The commitment period begins from the payment of the reward and ends for the first performance period no later than 30.4.2027. Members of the Group Management Team must in addition own half of the net shares received as reward based on the Plan until his/her total shareholding in the company corresponds to the value of his/her annual salary. This number of shares must be held for as long as the participant continues to be a member of the Group Management Team.

Changes in the share-based remuneration of Kamux’s CEO

Kamux Corporation announced on June 21, 2023 the approval of the the long-term share-based incentive plan for 2023–2026 for Tapio Pajuharju, who started as the Group’s  CEO on June 1, 2023. The Board of Directors has resolved that the above-mentioned long-term share-based incentive plan for the CEO will be discontinued as of January 1, 2024 and that CEO Tapio Pajuharju will participate in the company’s new share-based incentive plan described above as of January 1, 2024 (the “Plan”). The Board of Directors has decided on a fixed maximum reward for the CEO for the performance period 2024. The maximum reward to be paid for the performance period 2024 is a maximum of 123,000 shares. The maximum reward is expressed as gross number of shares before deducting applicable taxes. In accordance with Kamux’s remuneration policy for governing bodies, the value of the Plan’s target level earning opportunity has been calculated by using Kamux’s share price at the beginning of the performance period.

Kamux Corporation
Board of Directors

For more information, please contact:
CEO Tapio Pajuharju, tel. +358 50 577 4200

Kamux is a retail chain specialized in used cars and related integrated services that has grown rapidly. Kamux combines online shopping with an extensive showroom network to provide its customers with a great service experience anytime, anywhere. In addition to digital channels, the company has a total of 78 car showrooms in Finland, Sweden and Germany. Since its founding in Hämeenlinna, Finland, in 2003 the company has sold over 500,000 used cars, 62,922 of which were sold in 2022. Kamux’s revenue in 2022 was EUR 968.7 million and its average number of employees was 883 in terms of full-time equivalent employees. Kamux Corporation is listed on Nasdaq Helsinki Ltd. For more information, please visit www.kamux.com 

 

View original content:https://www.prnewswire.co.uk/news-releases/kamuxs-share-based-incentive-plan-for-20242026-302076858.html

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Florida Poly celebrates largest graduating class in University history

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LAKELAND, Fla., May 5, 2025 /PRNewswire/ — Florida Polytechnic University reached a significant milestone on Sunday, May 4, as it celebrated its largest commencement ceremony to date. More than 330 students earned in-demand degrees at the state’s only all-STEM public university, ready to make important contributions to their industries. 

For the graduates, the record-breaking event at the RP Funding Center in Lakeland marked the culmination of years of intensive study and hands-on learning designed to prepare them for high wage, high-skill careers.

“It hasn’t sunk in yet, but I’m glad that four years of hard work have finally come to an end,” said computer engineering graduate Akilah Dixon, from Land O’ Lakes, Florida. “It’s just an exciting feeling that I cannot describe.”

This year’s ceremony also represented a meaningful moment for Florida Poly leadership – it was the first commencement led by University President Devin Stephenson. His presence signaled a new era of bold vision and renewed momentum as the University continues to strengthen its role as a powerful driver of Florida’s high-tech economy.

“As you prepare for the next chapter, remember that success is not just about intelligence or talent. It’s about grit, adaptability to change, and an unrelenting commitment to growth,” Stephenson said to the graduates. “The world will present obstacles, but you have already proven during your time at Florida Poly that you have the tenacity to overcome them.”

Ray Rodrigues, chancellor of the State University System of Florida, served as the commencement speaker.

“You’re going to be stepping off campus and into the real world, and it is a world full of adventure, fun and joy,” Rodrigues said, underscoring three simple lessons he wanted the graduates to carry with them through life. “Put down your smartphones; know failure is not the end – do not accept it; and leave here prepared to be a lifelong learner.”

“Go change the world,” he added.

Student speaker Raúl Lopez, a computer science graduate who will soon join Bank of America in New York City as a full-stack software engineer, encouraged his peers to cherish their Florida Poly memories and believe in their talents and abilities.

“The world’s greatest innovators weren’t given permission,” Lopez said. “They believed in their potential, combated doubt, and made their own way. Let’s carry that fire forward – not to fit in, but to stand out.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/florida-poly-celebrates-largest-graduating-class-in-university-history-302445684.html

SOURCE The Florida Polytechnic Board of Trustees

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Smart Digital Group Limited Announces Closing of Initial Public Offering

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SINGAPORE, May 5, 2025 /PRNewswire/ – Smart Digital Group Limited (the “Company”) (Nasdaq: SDM), a digital marketing service provider in Singapore, today announced the closing of its initial public offering (the “Offering”) of 1,500,000 ordinary shares, par value $0.001 per share (“Ordinary Shares”), at a public offering price of US$4.00 per share.

The Company received aggregate gross proceeds of US$6.0 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company granted the underwriters a 45-day option to purchase up to an additional 225,000 Ordinary Shares at the public offering price, less underwriting discounts. The Ordinary Shares began trading on the Nasdaq Capital Market on May 2, 2025 under the ticker symbol “SDM.”

Proceeds from the Offering will be used for business expansion, brand promotion and marketing, software development, and for working capital and other general corporate purposes.

The Offering is being conducted on a firm commitment basis. US Tiger Securities, Inc. is acting as the sole book-runner for the Offering. Hunter Taubman Fischer & Li LLC is acting as counsel to the Company, and VCL Law LLP is acting as counsel to the underwriters in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the Securities and Exchange Commission (the “SEC”) (File Number: 333-283152) and was declared effective by the SEC on May 1, 2025. The Offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from US Tiger Securities, Inc. by email at ECM@ustigersecurities.com, by calling +1 646-978-5188, or by standard mail to 437 Madison Avenue, 27th Floor, New York, New York 10022. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Smart Digital Group Limited

Smart Digital Group Limited is a digital marketing service provider headquartered in Singapore. The Company provides event planning and execution services, internet media services, software customization and marketing services and business planning and consulting services. For more information, visit the Company’s website at http://www.sdmmeta.com/.

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

View original content:https://www.prnewswire.com/news-releases/smart-digital-group-limited-announces-closing-of-initial-public-offering-302446522.html

SOURCE Smart Digital Group Limited

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JSA Announces ‘Greener Data – Volume Three’ Author Lineup

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New Book Spotlights Sustainability Innovation in AI, Data Centers and Global Tech Communities

LAS VEGAS, May 5, 2025 /PRNewswire/ — JSA, the preeminent global marketing agency for the digital infrastructure ecosystem, proudly announces the highly anticipated author lineup for Greener Data – Volume Three,” the next edition of the Amazon bestselling book series that unites global digital infrastructure leaders committed to building a more sustainable future. Launching on Earth Day 2026, this volume continues the “Greener Data” movement’s momentum by amplifying the voices of experts and innovators shaping the green evolution of our digital world.

The third volume of the series features thought leaders from around the globe and is organized into four powerful sections:

The Next-Generation Data Culture Explosion

Exploring how both emerging voices and established leaders drive sustainability innovation across the data center space — fostering a bold, inclusive and future-ready culture.

The Trials of AI

With AI adoption soaring, this section addresses the sustainability paradox — how to embrace the benefits of artificial intelligence while mitigating its growing environmental impact.

Innovation Showcase

Highlighting breakthrough technologies in power, cooling and infrastructure design, showcasing forward-looking solutions that push the digital sector toward a greener future.

Creating Community

Focusing on collaborative industry responses to the sustainability crisis, including academic programs, coalitions, research institutes, accelerators and regional hubs making a tangible impact.

A portion of the book’s proceeds will support Télécoms Sans Frontières (TSF), the world’s first NGO dedicated to providing emergency-response telecommunications in disaster and crisis situations.

As part of the excitement leading up to the book’s release, the “Greener Data – Volume Three” authors will be honored at the Greener Data Exchange Networking Happy Hour during International Telecoms Week (ITW) 2025 in National Harbor, Maryland. The exclusive event will celebrate the authors’ contributions and bring together sustainability-minded leaders from across the global digital infrastructure community.

“We celebrate the brilliant minds coming together in Volume Three — innovators who don’t just talk about sustainability, but actively shape it,” says Jaymie Scotto Cutaia, CEO & Founder of JSA. “Their passion and commitment are exactly what this moment calls for.”

“I look forward to collaborating with this extraordinary group of industry thought leaders,” adds JSA’s Courtney Burrows, Publisher of “Greener Data.” “Together, we’re creating more than a book — we’re building a collective voice for positive, lasting change in digital infrastructure.”

Confirmed authors so far who will be contributing individual chapters and case studies to the third volume include:

Mary Allen, Industry Sustainability Analyst | InsightaaSDr. Atif Ansar, Executive Chairman and Co-Founder | ForesightJack Backes, Principal Strategist | Provident Data CentersAllan Bedwell, Chief Sustainability Officer | Clark PacificJames Behan, Co-Founder | ChainergyPierre-Adrien Bel, Product Manager | RehlkoFernanda Belchior, Marketing and Communications Director | Elea Data CentersRobert Bianco, Chief Commercial Officer | HYLANJim Buie, CEO | ValorC3 Data CentersSteven Carlini, Chief Advocate of Data Centers and AI | Schneider ElectricManfreid Chua, VP of AI & Sustainability | ZutaCoreWes Cummins, CEO | Applied DigitalMatthew Englert, Chief Development Officer | CleanArc Data CentersSean Farney, Vice President – Data Center Strategy | JLLMelissa Farney, Marketing Director | TECfusionsMiranda Gardiner, Director | iMasons Climate AccordJay Jorgensen, Founder & CEO | GeoBitMineMüge Karasahin, Director – Sustainability | Ethos EngineeringBill Kleyman, CEO | ApoloChad Lamb, Chief Systems Architect | XKLPeter Lantry, Managing Director Equinix Ireland | EquinixJay Lawrence, CEO | ECSGabriel Lazar, ESG Sustainability Specialist | SubmerLinda Lescuyer, Head of Environment & Sustainable Innovation | DATA4 GroupPatricia Leyva, Sr. Manager, Sustainability Stakeholder Engagement | EquinixAndrew Lindsey, CEO | FlexnodeLouis Liu, Sustainability Project Engineer | RehlkoCara Mascini, Chief Sustainability Officer | Switch DatacentersChris Miller, Co-Founder & CRO | Power Harvest Infrastructure Ltd (Phi)Kenneth J. Moreano, President & CEO | Scott Data CenterDina Nassar, Sustainability Analyst | Colt Data Centre ServicesDean Nelson, Chairman & Founder | iMasonsSamuel Rabinowitz, CEO | LANTANA LEDJake Rasweiler, Senior Vice President – Data Centers | Kelly ServicesMaxie Reynolds, CEO | Subsea Cloud Inc.Muhammad Sarwar, Distinguished Global Solution Planner | FujitsuKatherine Schwind, Sustainability Manager | Siemens EnergyBill Severn, CEO & President | 1623 FarnamWes Swenson, CEO | Novva Data CentersVicki Worden, CEO | Green Building Initiative

These authors join the authors from the first two “Greener Data” volumes that can be found at GreenerData.net. Follow JSA on LinkedIn for additional announcements leading up to the Earth Day 2026 book release, including details about the thought leaders contributing to the book’s cornerstone chapters.

About the Greener Data Movement

“Greener Data” encourages and fosters communication, education, networking and collaboration within the data center and digital infrastructure industries, to support and achieve our collective net carbon zero goals. Resource channels include the Amazon bestselling “Greener Data” book series as well as virtual roundtables, in-person networking events, articles, research reports, white papers and a sustainability partner directory, The Greener Data Directory. Greener Data is a proud partner of the iMasons Climate Accord.

To learn more, visit www.GreenerData.net.

About JSA
Celebrating 20 years of marketing innovation, Jaymie Scotto & Associates (JSA) is the preeminent provider of Brand Strategy, Public Relations, Digital Marketing and Event Planning services to the global data center, telecom, cloud and tech industries. A multi-award-winning agency, JSA has been recognized as an Inc. 5000 company for four consecutive years from 2021 to 2024, named to the PRNEWS Agency Elite Top 100 from 2022 to 2024, honored as “Best Industry-Focused Agency” by the Bulldog PR Awards in 2021 and 2023, and celebrated as one of Inc.’s Best Workplaces from 2022 to 2024.

With a global team of marketing professionals in Europe, Asia, Africa, North America and South America, JSA is committed to empowering industry leaders through storytelling, strategy and unparalleled expertise.

To learn more about how JSA can elevate your brand, visit jsa.net.
Join the conversation: Follow JSA on LinkedIn, YouTube and X.

For media inquiries, please contact:
Jaymie Scotto & Associates (JSA)
+1 866.695.3629
pr@jsa.net

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SOURCE Jaymie Scotto & Associates, LLC

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