Outokumpu – Transfer of the company’s own shares
OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
January 2, 2017 at 12.35 pm EET
Based on the decision of the Board of Directors of Outokumpu Oyj, a total of 185,077 Outokumpu’s shares have been delivered to CEO Roeland Baan as the first tranche of the CEO’s Matching Share Plan. The reward payment was announced on December 20, 2016 and the Matching Share Plan on December 17, 2015.
Trading code: OUT1V
Number of shares: 185,077
Price/share: Gratuitous
Outokumpu used its treasury shares for the reward payment, which means that the total number of shares of the company will not change. After the share reward Outokumpu holds a total of 2,513,848 shares.
For more information:
Corporate Communications, tel. +358 9 421 3840
Outokumpu Group
Outokumpu is a global leader in stainless steel. We create advanced materials that are efficient, long lasting and recyclable – thus building a world that lasts forever. Stainless steel, invented a century ago, is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy and medical equipment: it is 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs 11,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki.
www.outokumpu.com outokumpu.com/stainless-news choosestainless.outokumpu.com