KONE Oyj : Change in KONE Corporation's holding of treasury shares

KONE Corporation, stock exchange release, April 29, 2014 at 9.45 EET

KONE Corporation has assigned a total of 395,040 KONE class B shares to the 45 participants of the KONE share-based incentive program as a reward payment for the 2013 earning period.

KONE Corporation has assigned a total of 4,460 KONE class B shares to the members of KONE Corporation's Board of Directors as a part of the board members' annual remuneration according to the decision of the Annual General Meeting on February 24, 2014.

The handover date for the shares was April 28, 2014. After the transfer, KONE Corporation holds 9,659,398 of its own class B shares.

For further information, please contact:

Jukka Ala-Mello, Secretary to the Board, tel. +358 (0)204 75 4226

Sender:

KONE Corporation

Jukka Ala-Mello 
Secretary to the Board 
  
Anne Korkiakoski
Executive Vice President
Marketing & Communications

About KONE
KONE is one of the global leaders in the elevator and escalator industry.  KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings.  KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2013, KONE had annual net sales of EUR 6.9 billion, and at the end of the year over 43,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com

About Us

At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2018, KONE had annual sales of EUR 9.1 billion, and at the end of the year over 57,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.com

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