Lahti, Finland, 2017-10-06 15:50 CEST (GLOBE NEWSWIRE) -- RAUTE CORPORATION MANAGERS' TRANSACTIONS 6 October 2017 at 4:50 p.m.
Raute Corporation - Managers' Transactions – Tapani Kiiski
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Person subject to the notification requirement
Name: Kiiski, Tapani
Position: Chief Executive Officer
Issuer: Raute Oyj
LEI: 743700G00629V99PE435
Notification type: INITIAL NOTIFICATION
Reference number: 743700G00629V99PE435_20171006160455_2
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Transaction date: 2017-10-06
Instrument type: SHARE
ISIN: FI0009004741
Nature of the transaction: SUBSCRIPTION
(X) Linked to stock option programme
Transaction Details
(1): Volume: 10000 Unit price: 5,00000 EUR
Aggregated transactions
(1): Volume: 10000 Volume weighted average price: 5.00000 EUR
FURTHER INFORMATION:
Arja Hakala, Chief Financial Officer, tel. +358 3 82911
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, LVL (Laminated Veneer Lumber) and sawn timber. Its technology offering covers the entire production process for veneer, plywood and LVL and special measurement equipment for sawn timber. 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. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, the Shanghai area of China and in Pullman, Washington, USA. Raute’s net sales in 2016 were EUR 113.1 million. The Group’s headcount at the end of 2016 was 643. More information about the company can be found at www.raute.com.