Stock Exchange Release
May 5, 2014 at 9.30 am (CET+1)
Based on the decision of the Annual General Meeting of Kemira Oyj on March
24, 2014, Kemira Oyj has transferred 9,821 shares to the members of the Board of
Directors as part of remuneration of the Board.
Trading code: KRA1V
Number of shares: 9,821
The price per share of the transferred shares is EUR 11.08 which is the volume
weighted average quotation of the Kemira Oyj share on May 2, 2014.
After the transfer on May 5, 2014, the company will continue to hold a total of
The Annual General Meeting on March 24, 2014 decided that the annual fee for the
Board of Directors be 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 owned
by the company or, if this is not possible, shares purchased from the market,
and 60% is paid in cash. According to the decision the shares will be
transferred to the members of the Board of Directors and, if necessary, acquired
directly on behalf of the members of the Board of Directors within two weeks
from the release of Kemira's interim report January 1 - March 31, 2014.
For more information, please contact
Tero Huovinen, VP, Investor Relations
+358 10 862 1980
Kemira is a global chemicals company serving customers in water-intensive
industries. We provide expertise and chemicals that improve our customers'
water, energy and raw material efficiency. Our focus is on pulp & paper, oil &
gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2
billion and around 4,500 employees. Kemira shares are listed on the NASDAQ OMX
Helsinki Ltd. www.kemira.com
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.
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