Conveyance of Valmet Corporation shares according to the share-based incentive program
ET | Source:Valmet Corporation
Valmet Corporation's stock exchange release on May 2, 2014 at 9:30 a.m. EET
In accordance with a resolution by Valmet Corporation's Board of Directors,
Valmet Corporation has conveyed a total of 13,911 Valmet shares held by the
company to 25 key Valmet employees included in the group's share-based incentive
The handover date for the shares was April 30, 2014, after which the remaining
number of shares in the company held by Valmet Corporation is 399.
Metso Corporation's Board of Directors resolved on the terms and conditions of
the share-based incentive program 2011-2013 in September 2010. The terms and
conditions of the program are described in greater detail in Valmet's Corporate
Governance Statement for 2013.
Further information, please contact:
Rasmus Oksala, General Counsel, Valmet Corporation, tel. +358 40 586 8997
Hanna-Maria Heikkinen, Vice President, Investor Relations, Valmet Corporation,
+358 10 672 0007
VP, Investor Relations
Valmet Corporation is a leading global developer and supplier of services and
technologies for the pulp, paper and energy industries. Our 11,000 professionals
around the world work close to our customers and are committed to moving our
customers' performance forward - every day.
Valmet's services cover everything from maintenance outsourcing to mill and
plant improvements and spare parts. Our strong technology offering includes
entire pulp mills, tissue, board and paper production lines, as well as power
plants for bio-energy production.
The company has over 200 years of industrial history and was reborn through the
demerger of the pulp, paper and power businesses from Metso Group in December
2013. Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's
objective is to become the global champion in serving its customers.
Valmet's head office is in Espoo, Finland and its shares are listed on the
NASDAQ OMX Helsinki Ltd.
Read more www.valmet.com , www.twitter.com/valmetglobal
GlobeNewswire, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.