SHERIDAN, WYOMING – April 25, 2025 - Teleste reinforces employee engagement with treasury share conveyance
In a strategic move underscoring its dedication to employee motivation and retention, Teleste Corporation has announced the conveyance of 14,264 of its own shares to key employees. This initiative forms part of the company’s long-term share-based incentive program launched in 2022, reflecting Teleste’s ongoing commitment to rewarding performance and fostering long-term value creation.
A targeted incentive plan aligned with long-term goals
Part of a 2022-launched program supporting employee investment
The treasury shares were transferred without consideration to key employees actively participating in the Teleste long-term share-based incentive programme. As outlined in the stock exchange release published on February 10, 2022, the incentive plan was structured to promote shareholder value and align the interests of employees and shareholders.
The company’s Board of Directors approved the conveyance based on authorization granted by the Annual General Meeting of Shareholders on April 11, 2024. Following the share delivery completed on March 31, 2025, Teleste now retains a total of 724,134 own shares.
Backed by Board approval and shareholder trust
Strategic share issue supported by the Annual General Meeting
The approval of this directed share issue reflects both the confidence of Teleste’s shareholders and the company’s focus on sustainable talent management. By using treasury shares, the company reinforces a sustainable approach to compensation that incentivizes key contributors without diluting shareholder equity.
Supporting growth through employee-driven innovation
Employees recognized as drivers of industry innovation
Teleste continues to position itself as a global leader in broadband, security, and information technologies. As stated in the release, the share-based incentive programme is designed to motivate and reward employees who are instrumental in delivering innovation and service excellence.
“More detailed information about the launch of the plan periods and their terms and conditions is available in a stock exchange releases published on 10 February, 2022.”
This approach not only supports internal talent but also underpins the company’s long-term strategy to maintain competitiveness in a fast-evolving digital infrastructure landscape.
Teleste’s global reach and industry impact
Creating smarter societies through connected solutions
Teleste offers an integrated portfolio of products and services that enable smarter, safer, and more connected communities. Whether delivering television and broadband services, enhancing public safety, or supporting public transport efficiency, Teleste’s solutions continue to play a vital role in modern infrastructure.
With operations spanning a global network of offices and partners, and a 2024 net sales figure of EUR 132.5 million, Teleste maintains its position as a forward-looking technology leader. The company employs approximately 670 professionals, each contributing to a shared vision of innovation and connectivity.
Looking ahead: a continued focus on talent and transformation
Incentives aligned with strategy and shareholder interests
As Teleste moves forward, initiatives such as the long-term share-based incentive plan will remain central to its strategy. By empowering its workforce and maintaining strong governance, the company reinforces its role as a trusted technology partner worldwide.
For more information, visit www.teleste.com.