Valmet Oyj - Manager's transaction: Kemppainen, Pekka
Valmet Oyj May 2, 2019 at 4:00 p.m. EET
The Annual General Meeting of Valmet Oyj held on March 21, 2019 decided that, as a condition for the annual remuneration, the members of the Board of Directors be obliged to use 40 percent of the fixed annual remuneration for purchasing Valmet Oyj shares. Pursuant to such decision, shares have been bought as follows by the member of the Board Pekka Kemppainen:
Valmet Oyj - Managers' Transactions
Person subject to the notification requirement
Name: Kemppainen, Pekka
Position: Member of the Board/Deputy member
Issuer: Valmet Oyj
Notification type: INITIAL NOTIFICATION
Reference number: 213800D9O7FUQDH83V62_20190502080744_3
Transaction date: 2019-04-29
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION
(1): Volume: 846 Unit price: NaN EUR
(1): Volume: 846 Volume weighted average price: EUR
Further information, please contact:
Rasmus Oksala, General Counsel, tel. +358 50 3173 830
Calle Loikkanen, Director, Investor Relations, Valmet, tel. +358 10 672 0020
Director, Investor Relations
Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.
Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.
Valmet's net sales in 2018 were approximately EUR 3.3 billion. Our more than 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.
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