On March 2, 2022 Orion Corporation reported that has on 1 March 2022 transferred altogether 38,543 Orion Corporation B shares held by the company as a share reward for earning period 2019–2021 to the persons belonging to the Share-based Incentive Plan of the Orion Group (Press release, Orion , MAR 2, 2022, View Source [SID1234609392]). The transfer is based on the authorisation by the Annual General Meeting of 26 March 2019.

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The price per share of the transferred shares is EUR 41.3238, which is the volume weighted average quotation of the Orion Corporation B share on 1 March 2022. Accordingly, the total transaction price of the transferred shares is EUR 1,592,743.22.

After the share transfer, the total number of own B shares held by Orion Corporation is 532,771.

Orion Corporation has informed about the Share-based Incentive Plan in stock exchange release on 6 February 2019.