Outokumpu – Manager transaction: Pierre Vareille
Outokumpu Oyj
Stock exchange release
Manager transaction
June 2, 2020 at 4.00 pm EEST
Outokumpu – Manager transaction: Pierre Vareille
Outokumpu has received a notification from Pierre Vareille, member of the Board of Directors, of a transaction made with its financial instrument, according to the EU Market Abuse Regulation. Detailed information about the transaction is given in the table below.
According to the decision taken at the Annual General Meeting, 40% of the annual remuneration will be paid in the Company’s own shares using treasury shares or shares to be purchased from the market.
| Name of the manager | Pierre Vareille | |
| Position in the issuer | Member of the Board of Directors | |
| Issuer | Outokumpu Oyj | |
| Issuer’s LEI reference | 5493009YRUJJDCFF0R80 | |
| Notification type | Initial notification | |
| Date of the transaction | May 29, 2020 | |
| Venue | Nasdaq Helsinki | |
| Nature of transaction | Receipt of a share-based incentive or remuneration | |
| Instrument | Outokumpu share (OUT1V, ISIN: FI0009002422) | |
| Transaction details | Volume: 10,623 | Price: 0.0 (EUR) |
| Aggregated transactions | Volume: 10,623 | Average price: 0.0 (EUR) |
For more information:
Corporate communications, tel. +358 9 421 3840
Outokumpu Oyj
Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless steel through 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