Metso Corporation's conveyance of own shares based on the long-term incentive plan
Metso Corporation, stock exchange release on February 26, 2020 at 2:15 p.m. EET
A total of 121,727 of Metso Corporation's treasury shares are conveyed without consideration to the 81 key individuals participating in the Performance Share Plan 2017-2019 and Restricted Share Plan 2017-2019 under the terms and conditions of the plan.
The directed share issue is based on an authorization given by the Annual General Meeting held on April 25, 2019.
Following the directed share issue, the number of treasury shares now stands at 150,361 shares.
Metso initially announced these long-term incentive plans in a stock exchange release issued on December 13, 2016.
For further information, please contact:
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel. +358 20 484 3253
Metso is a world-leading industrial company offering equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries. With our unique knowledge and innovative solutions, we help our customers improve their operational efficiency, reduce risks and increase profitability. Metso is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 3.6 billion in 2019. Metso employs over 15,000 people in more than 50 countries.