-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueComing to Terms With AI
In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
Box Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
- Articles
Article Highlights
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Scanfil Releases Decision of Board of Directors on Stock Option Plan
October 28, 2015 | ScanfilEstimated reading time: 1 minute
On 18 April 2013, the General Meeting of shareholders of Scanfil Plc decided to authorise the Board of Directors to decide on granting stock options rights to certain key personnel of the company and its subsidiaries. The total number of option rights can be 750,000 and they entitle the key personnel to subscribe for a combined total of 750,000 of the company's new shares or shares in company’s possession.
Based on the authorisation by the General Meeting, the Board of Directors has decided to grant the CEO of Scanfil plc and seven key persons of the Group option rights in all for 250,000 shares. The option rights shall be marked "2013C". Each option right entitles its holder to subscribe for one (1) of the company's new shares or shares in its possession. The subscription period for option right 2013C is 1 May 2018 – 30 April 2020. The subscription period for the option rights included in the option plan will not begin, unless the production and financial goals and conditions, set separately by the Board of Directors for exercising the option rights, are met. The option rights whose goals are not met will expire as determined by the Board. The subscription price of option right 2013C is EUR 2.91, which is the trading-volume weighted average share price in the NASDAQ OMX Helsinki of the period 1 - 31 March 2015.
About Scanfil GroupScanfil Group is an international supplier and system supplier to the telecommunication and electronics industries with extensive experience in demanding contract manufacturing. Our customers include international operators in the automation, energy, data transmission and health technology sectors, and companies operating in fields related to urbanization, among other industries. Scanfil is listed on the Helsinki Stock Exchange. In 2014 the group’s turnover was EUR 215 million and it employed 1.800 people in Finland, China, Estonia, Hungary and Germany. In 2015 Scanfil acquired PartnerTech, a global industrial partner offering customized solutions throughout the product lifecycle, with a turnover of SEK 2.2 billion and some 1,400 employees in Sweden, Norway, Finland, Poland, the UK, the United States and China. The combined company will be a strong player in the international EMS market with a comprehensive global network of factories and an extensive service portfolio.
Suggested Items
Flex Announces Upcoming Changes to Its Board of Directors
05/07/2024 | FlexFlex announced that consistent with its succession plan, Michael D. Capellas, non-executive Chair of the Board of Directors of Flex, has informed the Board of his decision not to stand for re-election to the Board at the company's 2024 Annual General Meeting of shareholders to be held on August 8, 2024. Mr. Capellas has served on the company's board for 10 years, including as Chair since 2017, during which time he played a key role in building Flex's reputation as a trusted global technology, supply chain and manufacturing solutions partner and driving the company's success.
Happy’s Tech Talk #28: The Power Mesh Architecture for PCBs
05/07/2024 | Happy Holden -- Column: Happy’s Tech TalkA significant decrease in HDI substrate production cost can be achieved by reducing the number of substrate layers from conventional through-hole multilayers and microvia multilayers of eight, 10, 12 (and more), down to four. Besides reducing direct processing steps, yield will increase as defect producing operations are eliminated.
Real Time with…. IPC APEX EXPO 2024: Innovation and Collaboration at EPTAC
05/06/2024 | Real Time with...IPC APEX EXPOGuest Editor Kelly Dack and EPTAC Vice President Leo Lambert discuss the partnership between EPTAC and Blackfox, their program alignment, and future expansion plans. Leo introduces Burak Gokmen as the new "leader of the pack." The focus then shifts to Nano Dimensions' 3D printed circuit boards, emphasizing the need for proper documentation and training.
New Yorker, Major League Electronics Sign New Franchised Distribution Agreement
05/06/2024 | New Yorker Electronics Co.New Yorker Electronics, global distributor of electronic components, recently announced a new franchised distribution agreement with Major League Electronics, renowned manufacturer of interconnect products.
OSI Systems President and CEO Deepak Chopra to Retire by Calendar Year-End, Will Remain as Executive Chairman
05/06/2024 | OSI SystemsOSI Systems, Inc. announced today that Chairman and Chief Executive Officer Deepak Chopra has informed the Company’s Board of Directors of his plans to retire from his roles as President and Chief Executive Officer by the end of the current calendar year, after the appointment of a successor.