Outokumpu – Transfer of the company’s own shares

Outokumpu Oyj
Stock exchange release
February 24, 2020 at 1.00 pm EET

Outokumpu – Transfer of the company’s own shares

Based on the decision of the Board of Directors of Outokumpu Oyj, a total of 49,147 Outokumpu shares have been delivered to the personnel participating in the plan 2017-2019 of the Restricted Share Pool (RSP) program. Outokumpu originally informed about the share rewards in a stock exchange release on February 5, 2020. 

Trading code: OUT1V
Number of shares: 49,147
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 4,550,586 shares.

More information on share-based programs and their terms is available at: https://www.outokumpu.com/investors/governance/remuneration/share-based-incentive-programs.

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