Kemira Oyj: Announcement of manager's transaction; Timo Lappalainen has received Kemira's shares as part of remuneration of the Board
Kemira Oyj Managers` transactions May 10, 2019 at 1.30 pm (CET+1) Kemira Oyj: Announcement of manager`s transaction; Timo Lappalainen has received Kemira`s shares as part of remuneration of the Board
On March 21, 2019, the Annual General Meeting of Kemira Oyj resolved that the annual fee of the company`s Board of Directors is paid as a combination of the company`s shares and cash in such a manner that 40% of the annual fee is paid with the company`s shares and 60% is paid in cash. In accordance with this resolution shares have been transferred to Timo Lappalainen, Member of the Board, as follows:
Person subject to the notification requirement
Name: Lappalainen Timo
Position: Member of the Board/Deputy member
Issuer: KEMIRA
LEI: 74370031Y7RK5H88CQ48
Notification type: INITIAL NOTIFICATION
Reference number: 74370031Y7RK5H88CQ48_20190510111034_2
____________________________________________
Transaction date: 2019-05-08
Venue not applicable
Instrument type: SHARE
ISIN: FI0009004824
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION
Transaction details
(1): Volume: 1,789 Unit price: 0 EUR
Aggregated transactions
(1): Volume: 1,789 Volume weighted average price: 0 EUR
Total ownership of instrument after the transaction: 9,430 shares
For more information, please contact:
Kemira Oyj
Olli Turunen, Vice President, Investor Relations
Tel. +358 40 552 8907
Kemira is a global chemicals company serving customers in water intensive industries. We provide best suited products and expertise to improve our customers` product quality, process and resource efficiency. Our focus is on pulp & paper, oil & gas and water treatment. In 2018, Kemira had annual revenue of around EUR 2.6 billion and 4,915 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd.
www.kemira.com
This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kemira Oyj via GlobeNewswire
HUG#2244076
