Mail.ru Group approved a new employee motivation program with RSU shares
The main shareholders of Mail.ru Group “approved the issuance of additional ordinary shares at a nominal value in the aggregate amount of up to 5% of the total number of shares issued by the company for use in the long-term program of motivation with shares in the form of RSU,” the company said.
“Keeping talented developers is the most important factor in the successful long-term development of a company,” says Dmitry Grishin, CEO. The motivation program will be launched in 2018 and will last 4 years.
It is intended for top management and technical specialists.
According to RBC, it is not yet known how many people will participate in the program and what package of shares each of them will receive. In total, Mail.ru Group employs about 3,000 people.
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In 2014, the company's personnel costs increased by 8% and reached 6.6 billion rubles. And the cost of its own employees accounts for 18% of all Mail.ru Group revenue, which amounted to 35.8 billion rubles.
RSU shares will not be listed on the stock exchange, and they will be issued to each participant in the program in stages, but not all at once.
In February 2015, Grishin announced that the previous option program had been completed , and the term of unrealized options extended from 2018 to 2022. According to the latest Mail.ru Group, program participants who have received options will be able to sell them at $ 19.6 per share.
The largest shareholders of Mail.ru Group are NMTT of Alisher Usmanov (58.1% of the vote and 17.9% of economic interest), South African holding Naspers (35% and 29%, respectively), and Chinese ecommerce company Tencent (1% and 7.8 %).
“Keeping talented developers is the most important factor in the successful long-term development of a company,” says Dmitry Grishin, CEO. The motivation program will be launched in 2018 and will last 4 years.
It is intended for top management and technical specialists.
According to RBC, it is not yet known how many people will participate in the program and what package of shares each of them will receive. In total, Mail.ru Group employs about 3,000 people.
')
In 2014, the company's personnel costs increased by 8% and reached 6.6 billion rubles. And the cost of its own employees accounts for 18% of all Mail.ru Group revenue, which amounted to 35.8 billion rubles.
RSU shares will not be listed on the stock exchange, and they will be issued to each participant in the program in stages, but not all at once.
In February 2015, Grishin announced that the previous option program had been completed , and the term of unrealized options extended from 2018 to 2022. According to the latest Mail.ru Group, program participants who have received options will be able to sell them at $ 19.6 per share.
The largest shareholders of Mail.ru Group are NMTT of Alisher Usmanov (58.1% of the vote and 17.9% of economic interest), South African holding Naspers (35% and 29%, respectively), and Chinese ecommerce company Tencent (1% and 7.8 %).
Source: https://habr.com/ru/post/286650/
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