The board of directors of Rapala VMC has approved a new performance share plan for about 40 key employees of the Finnish group. The potential rewards will be based on the company's sales, operating margin and average working capital ratio in 2020, plus its share price during 40 days in November and December of that year. Their rewards will be paid in shares and cash in 2021, corresponding to a maximum of 900,000 shares in the company. Rapala's chief executive, Jussi Ristimäki, and other members of the executive committee will be among the beneficiaries, and a significant portion of their rewards will be based on their personal investments in Rapala shares.

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