The board of Rapala VMC Corporation has approved a new share-based incentive plan for key personnel. The plan includes one earning period, running from April 1, 2012, to June 30, 2013. The potential reward from the plan will be based on the development of Rapala's inventory levels and Ebitda. Any rewards will be paid primarily as company shares in August 2013. The person must be employed by the group at the time of the payment. Following the payment, the shares are not subject to any disposal restrictions. The plan targets 20 key employees of Rapala. The gross potential rewards will correspond to the value of up to 235,000 Rapala shares. The board could also decide to pay in cash.

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