2017-02-23 08:00:02 CET

2017-02-23 08:00:02 CET


REGLERAD INFORMATION

Konecranes Oyj - Changes in company's own shares

Konecranes Employee Share Savings Plan 2013 - 2014 – directed share issue


KONECRANES PLC  STOCK EXCHANGE RELEASE  February 23, 2017 at 9.00 EET


The Board of Directors of Konecranes Plc has on February 22, 2017 decided on a
directed share issue related to the reward payment for the Savings Period
2013-2014 of Konecranes Employee Share Savings Plan. 

In the share issue, 20,959 Konecranes Plc shares held by the company are
conveyed without consideration to the employees participating in the plan in
accordance with the terms and conditions of the plan. More detailed information
about the launch and the terms and conditions of the plan is available in a
Stock Exchange Releases published on March 22, 2012 and on April 25, 2012. 

The decision on the directed share issue is based on the authorization granted
to the Board of Directors by the Annual General Meeting of Shareholders held on
March 23, 2016. According to the authorization, a maximum of 500 000 shares may
be issued as part of the Employee Share Savings Plan. 

The shares will be delivered to the plan participants on February 28, 2017.
After the share delivery, the company will hold a total of 4,500,374 own
shares. 

KONECRANES PLC

Miikka Kinnunen
Vice President, Investor Relations



FURTHER INFORMATION
Miikka Kinnunen, Vice President, Investor Relations, Konecranes Plc, tel. +358
20 427 2050 



Konecranes is a world-leading group of Lifting Businesses™, serving a broad
range of customers, including manufacturing and process industries, shipyards,
ports and terminals. Konecranes provides productivity enhancing lifting
solutions as well as services for lifting equipment of all makes. The Group has
18,000 employees at 600 locations in 50 countries. Konecranes class A shares
are listed on the Nasdaq Helsinki (symbol: KCR). 



DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com