Lahti, Finland, 2017-03-06 15:15 CET (GLOBE NEWSWIRE) -- RAUTE CORPORATION MANAGERS' TRANSACTIONS 6 MARCH 2017 at 4:15 p.m.
RAUTE CORPORATION: MANAGERS' TRANSACTIONS - TAPANI KIISKI
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Person subject to the notification requirement
Name: Kiiski, Jorma Tapani
Position: President and CEO
Issuer: Raute Corporation
LEI: 743700G00629V99PE435
Notification Type: INITIAL NOTIFICATION
Notification Reference: 743700G00629V99PE435_20170306041315_2
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Transaction Date: 2017-03-06
Instrument Type: SHARE
ISIN: FI0009004741
Nature of Transaction: RECEIPT OF A SHARE-BASED INCENTIVE
Transaction Details
(1): Volume: 4587 Unit price: 0,00000 EUR
Aggregated Transactions
(1): Volume: 4587 Volume weighted average price: 0.00000 EUR
FURTHER INFORMATION:
Arja Hakala, Chief Financial Officer
Potential call requests to Ms. Arja Hakala through: Eija Salminen, Group Executive Assistant, tel. +358 50 3801517
DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com
RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood and LVL (Laminated Veneer Lumber). The technology offering covers machinery and equipment for the customer’s entire production process. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in the Nastola area of Lahti, Finland. Its other production plants are in Kajaani, Finland, the Vancouver area of Canada and in the Shanghai area of China. Raute’s net sales in 2016 were EUR 113.1 million. The Group’s headcount at the end of 2016 was 643. More information on the company can be found at www.raute.com.