Finnair Plc: Managers’ transactions

Finnair Plc               Managers’ transactions             4 January 2018 at 2.35 pm EET

Finnair adds to the information on changes of management shareholdings from March 2017. Finnair announced on March 16, 2017 that it had transferred a total of 180 904 own shares held by the company as treasury shares to the participants of Finnair's share-based incentive scheme 2014–2016 as a reward payment. A total of 72 153 of these shares were transferred to Finnair executive board members.

In communicating these actions, a stock exchange release on CEO Pekka Vauramo receiving 28 434 shares as a part of the company’s long-term incentive plan for the years 2014-2016 was accidentally left unpublished. It was however reported to the Financial Supervisory Authority in line with MAR (Market Abuse Regulation) on March 16, 2017. Information on Vauramo’s shareholding has been up to date and accessible at all times on Finnair’s web pages under Management shares at

The Finnair Annual General Meeting was held on the same day, with 34 stock exchange releases including different language versions to be published during that day. Two of these releases were left unpublished due to human error, and Finnair apologizes for this.

The earnings criteria and the outcome in euros for the share-based incentive scheme have been presented in the annual report of 2016, which was published on February 15, 2017. Vauramo’s earnings from the 2014-2016 share-based incentive scheme were also discussed as a separate item in the Annual General Meeting on March 16, 2017.

Finnair will review its process related to publishing this kind of stock exchange releases and take necessary actions to improve the related process.

Person subject to the notification requirement
Name: Pekka   Vauramo Natural   person
Position: Chief   Executive Officer
Initial notification
Reference number: 213800SB6EOB8SSK9W63_20170316093015_20
Name: Finnair   Plc
LEI: 213800SB6EOB8SSK9W63
Transaction details
Transaction date: 16.3.2017
Nature of transaction: Receipt of a share-based incentive or   remuneration
Further details:
Instrument:     Share
ISIN: FI0009003230
Volume: 28,434
Unit price:
Aggregated transactions
Volume: 28,434
Volume-weighted average price:


Further information:
Finnair communications, 358 9 818 4020,

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Finnair is specialised in flying between Europe and Asia via Helsinki. Finnair's strategy is based on the growing markets in Asia, the fastest connections between Europe and Asia, high-quality service, and cost-efficient, punctual operations. Founded in 1923, Finnair is one of the world's oldest continuously operating airlines. It is a member of oneworld, the leading airline alliance for quality-conscious business travelers.