Neste Corporation's disposal of own shares based on the share ownership plan

Neste Corporation, Stock Exchange Release, 16 March 2020 at 5 p.m. (EET)

 

A total of 153,040 treasury shares of Neste Corporation has been on 16 March 2020 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 2 April 2019.

 

A total of 77 people are in the target group of the payment from the plan.

 

After the aforementioned share transfer implemented on 16 March 2020, the number of treasury shares held by the company is 1,374,418 shares.

 

Neste Corporation has informed about the Share Ownership Plan 2016 in a stock exchange release on 14 December 2016 and about the aforementioned decision on the transfer of own shares in a stock exchange release on 7 February 2020.

 

Neste Corporation

Board of Directors

 

More information: Hannele Jakosuo-Jansson, Senior Vice President, Human Resources, HSSEQ and Procurement, Neste. Please contact Neste’s media service, tel. +358 50 458 5076, media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET).

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 2019, Neste's revenue stood at EUR 15.8 billion. In 2020, Neste placed 3rd on the Global 100 list of the most sustainable companies in the world. Read more: neste.com

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