Outokumpu – Manager transaction: Pierre Vareille

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Outokumpu Oyj
Stock exchange release
Manager transaction
May 13, 2019 at 4.45 pm EEST

Outokumpu – Manager transaction: Pierre Vareille

Outokumpu has received a notification of a receipt of shares from Pierre Vareille, member of the Board of Directors, according to the EU Market Abuse Regulation. According to the decision taken at the Annual General Meeting, 40% of the annual remuneration of the members of the Board of Directors will be paid in the Company’s own shares. Detailed information is given in the table below.

Name of the managerPierre Vareille
Position in the issuerMember of the Board of Directors
IssuerOutokumpu Oyj
Issuer’s LEI reference5493009YRUJJDCFF0R80
Notification typeInitial notification
Date of the transactionMay 9, 2019
VenueOutside a trading venue
Nature of transactionReceipt of a share-based incentive or remuneration
InstrumentOutokumpu share (OUT1V, ISIN: FI0009002422)
Transaction detailsVolume: 9,225Price: 0.00 (EUR)
Aggregated transactionsVolume: 9,225Average price: 0.00 (EUR)
Total ownership of the instrument after the transaction34,206 shares 

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Outokumpu Oyj

Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless steel by 2020, through our competitive edge of customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com   

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