Raute Corporation – Manager’s transactions – Strengell Petri

Raute Corporation, Managers’ transactions, 30 May 2023 at 16:30 EEST

Raute Corporation – Manager’s transactions – Strengell Petri
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Person subject to the notification requirement

Name: Petri Strengell

Position: Other senior manager

 Issuer: Raute Oyj

LEI: 743700G00629V99PE435

Notification type: INITIAL NOTIFICATION

Reference number: 32587/4/4

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Transaction date: 2023-05-30

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009004741

Nature of transaction: SUBSCRIPTION

(X) Executed under portfolio or asset management

Transaction details

(1): Volume: 955 Unit price: 7.35 EUR

Aggregated transactions (1):

Volume: 955 Volume weighted average price: 7.35 EUR

FURTHER INFORMATION:

Mr. Ville Halttunen, Chief Financial Officer, tel. +358 50 3460868

DISTRIBUTION:

Nasdaq Helsinki Ltd, main media, www.raute.com

RAUTE IN BRIEF – Making Wood Matter  

Raute is the partner to future-proof the wood industry. Our technologies cover different production processes with supporting digital and analytics solutions for engineered wood products.  Additionally, we offer full-scale service concept ranging from spare parts to regular maintenance and modernizations. Our innovative hardware and software solutions are designed to support our customers’ efficient consumption of natural resources. In mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Raute’s head office and main production is located in Lahti, Finland. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, Changzhou, China, and in Pullman, WA, USA. Raute’s net sales in 2022 were EUR 158.3 million. The Group’s headcount at the end of 2022 was 778. More information about the company can be found at www.raute.com.