Uponor - Other information disclosed according to the rules of the Exchange

Directed share issue under the management share-based incentive plan for 2014–2016

Uponor Corporation     Stock exchange release     13 February 2017   8.03 EET



Directed share issue under the management share-based incentive plan for
2014–2016 

Based on the authorisation granted by the Annual General Meeting on 10 March
2016, Uponor’s Board of Directors has decided on a directed share issue to the
company’s management, as part of the long-term share-based incentive plan
2014-2016. Based on the Board’s decision, Uponor will transfer, without
payment, 11,141 of the company’s own shares to 7 key employees, as specified in
the rules of the plan. 

Share-based incentive programmes are part of Uponor’s total management
remuneration package, with the purpose of incentivising and motivating
management and aligning the targets of management with shareholders. 

The reward in the LTI Plan 2014-2016 consisted of the following parts: 1) The
matching share incentive based on own investment with a three year vesting
period 2) A performance share plan that depended on the company’s earnings
performance over a three-year performance period. Further details are available
in the stock exchange release announced on 14 February 2014. 

No new shares will be issued in connection with the plan and therefore the plan
will have no diluting effect. Prior to this directed issue, Uponor held a total
of 68,959 of its own shares, of which 57,818 remain. 

Further information:  Mr Jorma Eloranta, Chair of the Board, e-mail:
jorma.eloranta@kolumbus.fi or call requests through: Ms Päivi Dahlqvist,
Executive Assistant, Uponor, Tel +358 20 129 211 



Uponor Corporation



Tarmo Anttila
Vice President, Communications
Tel. +358 20 129 2852



DISTRIBUTION:
Nasdaq Helsinki Media
www.uponor.com



Uponor is a leading international systems and solutions provider for safe
drinking water delivery, energy-efficient radiant heating and cooling and
reliable infrastructure. The company serves a variety of building markets
including residential, commercial, industrial and civil engineering. Uponor
employs about 3,900 employees in 30 countries, mainly in Europe and North
America. In 2016, Uponor's net sales totalled €1.1 billion. Uponor is based in
Finland and listed on Nasdaq Helsinki. www.uponor.com