Notification regarding transaction by Valmet Oyj's Manager
Valmet Oyj April 27, 2017 at 4:00 p.m. EET
The Annual General Meeting of Valmet Oyj held on March 23, 2017 decided that, as a condition for the annual remuneration, the members of the Board of Directors be obliged to use 40 percent of the fixed annual remuneration for purchasing Valmet Oyj shares. Pursuant to such decision, shares have been bought as follows by the member of the Board Jouko Karvinen.
| Person subject to the notification requirement | ||
| Name: | Karvinen, Jouko | |
| Position: | Member of the Board/Deputy member | |
| Initial Notification | ||
| Reference number: | 213800D9O7FUQDH83V62_20170427114448_4 | |
| Issuer | ||
| Name: | Valmet Oyj | |
| LEI: | 213800D9O7FUQDH83V62 | |
| Transaction details | ||
| Transaction date: | 2017-04-26 | |
| Venue: | NASDAQ HELSINKI LTD (XHEL) | |
| Nature of the transaction: | Acquisition | |
| Instrument: | Share | |
| ISIN: | FI4000074984 | |
| Volume: | 1413 | |
| Unit price: | 16.97 Euro | |
| Aggregated transactions | ||
| Volume: | 1413.00 | |
| Volume weighted average price: | 16.97 Euro | |
Further information, please contact:
Rasmus Oksala, General Counsel, Valmet tel. +358 10 672 0026
Calle Loikkanen, Director, Investor Relations, Valmet tel. +358 10 672 0020
VALMET
Kari Saarinen
CFO
Calle Loikkanen
Director, Investor Relations
Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.
Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.
Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.
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