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2017-04-27 13:00:45 CEST 2017-04-27 13:00:45 CEST UPM-Kymmene - Managers' transactionsUPM-Kymmene Corporation: Managers' TransactionsUPM-Kymmene Corporation Managers' Transactions 27 April 2017 at 14:00 EET UPM-Kymmene Corporation: Managers' Transactions On 29 March 2017, the Annual General Meeting of UPM-Kymmene Corporation resolved that the annual base fee of the company's Board of Directors is paid in the company shares and cash so that 40% is payable in the company shares to be purchased on the Board members' behalf, and the rest in cash. In accordance with this resolution, Veli-Matti Reinikkala has been purchased shares as follows: Person subject to the notification requirement Name: Reinikkala, Veli-Matti Position: Member of the Board Issuer: UPM-Kymmene Corporation LEI: 213800EC6PW5VU4J9U64 Notification type: INITIAL NOTIFICATION ____________________________________________ Transaction date: 2017-04-26 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009005987 Nature of the transaction: RECEIPT OF A SHARE-BASED REMUNERATION Transaction details (1): Volume: 1,776 Unit price: 0.00000 EUR Aggregated transactions (1): Volume: 1,776 Volume weighted average price: 0.00000 EUR UPM-Kymmene Corporation Pirkko Harrela Executive Vice President, Stakeholder Relations UPM, Media Relations Mon-Fri 9:00-16:00 EET tel. +358 40 588 3284 media@upm.com UPM Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,300 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - www.upm.com Follow UPM on Twitter | LinkedIn | Facebook | YouTube | Instagram | upmbiofore.com [] |
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