Neste Corporation's disposal of own shares based on the share ownership plan
Neste Corporation, Stock Exchange Release, 15 March 2019 at 9 am. (EET)
A total of 56,033 treasury shares of Neste Corporation has been on the 15th of March 2019 conveyed without consideration to the key persons participating in the Share Ownership Plan 2016 according to the terms and conditions of the plan.
The decision of the Board of Directors is based on a share issue authorization granted by the Annual General Meeting of Shareholders on 5th April 2018.
A total of 84 people are in the target group of the payment from the plan.
After the aforementioned share transfer implemented on 15th of March 2019, the number of treasury shares held by the company is 517,629 shares.
Neste Corporation has informed about the Share Ownership Plan 2016 in a stock exchange release on 15th of December 2015 and about the aforementioned decision on the transfer of own shares in a stock exchange release on 5 February 2019.
Board of Directors
For more information, please contact: Hannele Jakosuo-Jansson, Senior Vice President, Human Resources and Safety, tel. +358 10 458 4688
Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates sustainable solutions for transport, business, and consumer needs. Our wide range of renewable products enable our customers to reduce climate emissions. We are the world's largest producer of renewable diesel refined from waste and residues, introducing renewable solutions also to the aviation and plastics industries. We are also a technologically advanced refiner of high-quality oil products. We want to be a reliable partner with widely valued expertise, research, and sustainable operations. In 2018, Neste's revenue stood at EUR 14.9 billion. In 2019, Neste placed 3rd on the Global 100 list of the most sustainable companies in the world. Read more: neste.com