Valmet’s Board of Directors decided on September 8, 2021 on a directed share issue related to the reward payment of Valmet’s long-term share-based incentive plan for the discretionary period 2020.
In the share issue on September 13, 2021, a total of 272 Valmet’s treasury shares have been conveyed without consideration to the participants of the plan, in accordance with the terms and conditions of the plan. More information about the long-term share-based incentive plan is available in a stock exchange release published on December 19, 2019.
The directed share issue is based on the authorization granted to the Board of Directors by the Annual General Meeting held on March 23, 2021.
After the share issue, Valmet Oyj holds a total of 391,086 treasury shares.