Stora Enso: Managers’ transactions, Richard Nilsson
STORA ENSO OYJ MANAGERS’ TRANSACTIONS 18 June 2020 at 12.00 EEST
Stora Enso’s Annual General Meeting on 4 June 2020 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, Richard Nilsson has received shares as follows:
Stora Enso Oyj - Managers' Transactions
____________________________________________
Person subject to the notification requirement
Name: Nilsson, Richard
Position: Member of the Board/Deputy member
Issuer: Stora Enso Oyj
LEI: 7437000ZP669LKUTZ738
Notification type: INITIAL NOTIFICATION
Reference number: 7437000ZP669LKUTZ738_20200617085342_2
____________________________________________
Transaction date: 2020-06-16
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: 2,781 Unit price: 0.00 EUR
Aggregated transactions
(1): Volume: 2,781 Volume weighted average price: 0.00 EUR
For total ownership of Stora Enso’s shares by the members of the Board of Directors, please see our website.
For further information, please contact:
Carl Norell
Press officer
tel. +46 72 2 410 349
Investor enquiries:
Ulla Paajanen
SVP, Investor Relations
tel. +358 40 763 8767
Part of the bioeconomy, Stora Enso is a leading global provider of renewable solutions in packaging, biomaterials, wooden constructions and paper. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has some 25 000 employees in over 30 countries. Our sales in 2019 were EUR 10.1 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:
Carl Norell
Press officer
tel. +46 72 2 410 349
Investor enquiries:
Ulla Paajanen
SVP, Investor Relations
tel. +358 40 763 8767