07.03.2016 10:00:58
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Neste Corporation's disposal of own shares based on the share ownership plan
Neste Corporation
Stock Exchange Release
7 March 2016 at 11 am. (EET)
Neste Corporation's disposal of own shares based on the share ownership plan
A total of 111 629 treasury shares of Neste Corporation has been on the 7th of March 2016 conveyed without consideration to the key persons participating in the Share Ownership Plan 2013 according to the terms and conditions of the plan.
The directed share issue is based on the authorization of the Annual General Meeting on 1st April 2015.
A total of 86 people are in the target group of the payment from the plan.
The number of treasury shares after the directed share issue is 686 838 shares.
Neste Corporation has informed about the Share Ownership Plan 2013 in the stock exchange release on 14th of December 2012.
Neste Corporation
Kaisa Lipponen
Director, Corporate Communications
Neste in brief
Neste is a pioneer in oil refining and renewable solutions. We provide our customers with premium-quality products for cleaner traffic and industrial products based on world-class research. We are the world's leading producer of renewable diesel, and our annual production capacity is more than 2 million tons. We also are the world's largest company providing renewable fuel from waste and residues. Our sustainable operations have received recognition in the Dow Jones Sustainability World Index and the Global 100 list of the world's most sustainable companies, among others. Our net sales for 2015 amounted to approximately EUR 11 billion, and our shares are listed on Nasdaq Helsinki. Cleaner traffic, energy and life are moved forward by about 5,000 professionals. More information: neste.com/en
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Neste Oyj via Globenewswire
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