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.

Neste Corporation
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

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About Us

Neste in brief Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world’s leading producer of renewable diesel and sustainable aviation fuel, developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. As a technologically advanced refiner of high-quality oil products with a commitment to reach carbon-neutral production by 2035, we are also introducing renewable and recycled raw materials such as waste plastic as refinery raw materials. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2019, Neste's revenue stood at EUR 15.8 billion, with 82% of the company’s comparable operating profit coming from renewable products. Read more: neste.com

Contacts

  • Media phone

    +358 50 458 5076


    You can reach us during office hours on week days (Finnish time) between 8.30 - 16.00, or via email at media(at)neste.com
  • Susanna Sieppi

    Vice President, Communications (act.)


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