Directed share issue related to reward payment of Valmet’s share-based long-term incentive plans
Directed share issue related to reward payment of Valmet’s share-based long-term incentive plans
Valmet Oyj’s stock exchange release on March 15, 2024 at 1:15 p.m. EET
Valmet’s Board of Directors decided in December 2023 on a directed share issue related to the reward payment of Valmet’s share-based long-term incentive plans - Deferred Share Plan and Performance Share Plan, for the performance periods 2021–2023 and 2023.
In the share issue on March 15, 2024, a total of 113,678 Valmet’s treasury shares have been conveyed without consideration to the participants of the plans, in accordance with the terms and conditions of the plans. More information about the share-based long-term incentive plans is available in stock exchange releases published on December 17, 2020, and December 20, 2022.
The directed share issue is based on the authorization granted to the Board of Directors by the Annual General Meeting held on March 22, 2023.
After the share issue, Valmet Oyj holds a total of 357,576 treasury shares.
Further information, please contact:
Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020
VALMET
Katri Hokkanen
CFO
Pekka Rouhiainen
VP, Investor Relations
DISTRIBUTION:
Nasdaq Helsinki
Major media
Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers’ performance forward – every day.
The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. Valmet’s net sales in 2023 were approximately EUR 5.5 billion.
Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.
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