Stora Enso: Managers’ transactions – Jorma Eloranta
STORA ENSO OYJ MANAGERS’ TRANSACTIONS 7 May 2018 at 9.00 EEST
Stora Enso’s Annual General Meeting on 28 March 2018 resolved that the annual remuneration for the members of the Board of Directors be paid in Company shares and cash so that 40% will be paid in Stora Enso R shares to be purchased on the Board members’ behalf, and the rest in cash. In accordance with this resolution, Jorma Eloranta has received shares as follows:
STORA ENSO OYJ - Managers' Transactions
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Person subject to the notification requirement
Name: ELORANTA, JORMA OLAVI
Position: Member of the Board/Deputy member
Issuer: STORA ENSO OYJ
LEI: 7437000ZP669LKUTZ738
Notification type: INITIAL NOTIFICATION
Reference number: 7437000ZP669LKUTZ738_20180504103558_2
____________________________________________
Transaction date: 2018-05-03
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
ISIN: FI0009005961
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION
Transaction details
(1): Volume: 4,221 Unit price: 0.00000 EUR
Aggregated transactions
(1): Volume: 4,221 Volume weighted average price: 0.00000 EUR
For further information, please contact:
Hanne Karrinaho, Head of Financial Communications, tel. +358 2046 21446
Investor enquiries:
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 40 763 8767
Part of the bioeconomy, Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper globally. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has some 26 000 employees in over 30 countries. Our sales in 2017 were EUR 10 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com
STORA ENSO OYJ
For further information, please contact:
Hanne Karrinaho
Head of Financial Communications
tel. +358 2046 21446
Investor enquiries:
Ulla Paajanen-Sainio
SVP, Investor Relations
tel. +358 40 763 8767