Directed share issue related to reward payment of Valmet’s long-term share-based incentive plan
Directed share issue related to reward payment of Valmet’s long-term share-based incentive plan
Valmet Oyj’s stock exchange release on June 23, 2022 at 12:15 p.m. EEST
Valmet’s Board of Directors decided on June 21, 2022 on a directed share issue related to the reward payment of Valmet’s long-term share-based incentive plan, Deferred Share Plan, for the discretionary period 2021.
In the share issue on June 23, 2022, a total of 868 Valmet’s treasury shares have been conveyed without consideration to the participants of the plan, in accordance with the terms and conditions of the plan. More information about the long-term share-based incentive plan is available in a stock exchange release published on December 17, 2020.
The directed share issue is based on the authorization granted to the Board of Directors by the Annual General Meeting held on March 22, 2022.
After the share issue, Valmet Oyj holds a total of 342,108 treasury shares.
Further information, please contact:
Pekka Rouhiainen, Director, Investor Relations, Valmet, tel. +358 10 672 0020
VALMET
Katri Hokkanen
Interim CFO
Pekka Rouhiainen
Director, Investor Relations
DISTRIBUTION:
Nasdaq Helsinki
Major media
Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries.
We aim to become the global champion in serving our customers. Our 17,000 professionals work close to our customers and are committed to improving our customers’ performance – every day.
The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. In 2022, a major milestone was achieved when the flow control company Neles was merged into Valmet. The combined company net sales in 2021 was approximately EUR 4.5 billion based on the respective company figures.
Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.
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