Metso's disposal of treasury shares as part of its Long Term Incentive Plan
Metso Corporation's stock exchange release on March 18, 2015 at 10:20 a.m. local time
A total of 95,270 of Metso Corporation's treasury shares have been conveyed without consideration to the 56 key individuals participating in the Performance Period 2012 of the company's Long Term Incentive Plan 2012-2014 under the terms and conditions of the plan.
Metso announced the Long Term Incentive Plan 2012 in a stock exchange release issued on December 13, 2011.
The directed share issue is based on an authorization given by the Annual General Meeting held on March 26, 2014. Following the directed share issue, the number of treasury shares now stands at 363,718 shares.
Metso is a leading process performance provider, with customers in the mining, oil and gas, and aggregates industries. Metso's cutting-edge services and solutions improve availability and reliability in minerals processing and flow control, providing sustainable process and profit improvements. Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2014, Metso's net sales totaled EUR 3.7 billion. Metso employs approximately 16,000 industry experts in more than 50 countries. Expect results.
Further information, please contact:
Harri Nikunen, CFO, Metso Corporation, tel +358 20 484 3010
VP, Investor Relations
NASDAQ OMX Helsinki Ltd