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HELSINKI - Sampo plc announced that its Chief Executive Officer Torbjörn Magnusson has acquired a total of 94,061 shares through the company’s long-term incentive scheme 2020:1, according to a statement based on a regulatory filing.
The transactions occurred over two consecutive days, with Magnusson receiving 47,064 shares at a unit price of €9.7504 on September 29, followed by 46,997 shares at €9.7644 per share on September 30. Both transactions were executed on the Nasdaq Helsinki exchange.
The notification was made in accordance with the Market Abuse Regulation, which requires executives to disclose transactions in their company’s securities.
The shares were acquired as part of Sampo’s previously established long-term incentive plan, rather than through open market purchases. The total value of the shares acquired amounts to approximately €918,000 based on the transaction prices.
Sampo plc, a Nordic insurance group, made the disclosure through a mandatory filing as required by financial regulations for publicly traded companies when executives conduct transactions in company shares.
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