Konecranes Oyj - Changes in company's own shares

Konecranes Performance Share Plan 2012 – directed share issue

KONECRANES PLC  STOCK EXCHANGE RELEASE  March 2, 2017  at 09.00 EET

The Board of Directors of Konecranes Plc has on March 1, 2017 decided on a
directed share issue related to the reward payment for the performance period
2014-2016 of the Konecranes Performance Share Plan 2012. 

In the share issue, 49,938 Konecranes Plc shares held by the company are
conveyed without consideration to the key 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 the stock exchange releases published on March 22, 2012 and
February 5, 2014. 

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 700 000 shares may
be issued as part of the company’s share-based incentive programmes. 

The shares will be delivered to the plan participants on March 15, 2017. After
the share delivery, the company will hold a total of 4,450,436 own shares. 


KONECRANES PLC

Miikka Kinnunen
Vice President, Investor Relations


FURTHER INFORMATION
Mr. Miikka Kinnunen, Vice President, Investor Relations, 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
Media
www.konecranes.com