Metso Corporation's conveyance of own shares based on Long-Term Incentive Plan 2012-2014
Metso Corporation's stock exchange release on February 28, 2017 at 10:00 a.m. local time EET
A total of 12,590 of Metso Corporation's treasury shares are conveyed without consideration to the 49 key individuals participating in the Performance Period 2014 of the company's Long-Term Incentive Plan 2012-2014 under the terms and conditions of the plan.
The directed share issue is based on an authorization given by the Annual General Meeting held on March 21, 2016.
Following the directed share issue, the number of treasury shares now stands at 351,128 shares.
Metso announced the incentive plan in a stock exchange release issued on December 19, 2013.
Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.
Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,000 services professionals. Metso has an uncompromising attitude towards safety.
Metso is listed on the NASDAQ Helsinki Ltd, Finland, and had sales of about EUR 2.6 billion in 2016. Metso employs over 11,000 persons in more than 50 countries. Expect results.
Further information, please contact:
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253
VP, Investor Relations
NASDAQ OMX Helsinki Ltd