The members of the Board of Directors, the President & CEO, and the corporations under their control, owned altogether 362,999 shares in Wärtsilä Corporation at the end of 2023, which represents 0.06% of the stock and voting rights.
Wärtsilä publishes notifications on transactions conducted by persons discharging managerial responsibilities and persons closely associated with them, when the transactions reach a threshold of EUR 5,000 (without netting) on a yearly level in accordance with the provisions of the Market Abuse Regulation (MAR). As of July 3, 2016 Wärtsilä publishes all managers’ transactions as stock exchange release.
Wärtsilä's Annual General Meeting held on 7 March 2019 decided that approximately 40% of the annual fee to the members of the Board of Directors be paid in Wärtsilä shares. Pursuant to this decision, shares have been acquired as follows to member of the Board Markus Rauramo:
Wärtsilä Oyj Abp - Managers' Transactions
____________________________________________
Person subject to the notification requirement
Name: Rauramo, Markus
Position: Member of the Board/Deputy member
Issuer: Wärtsilä Oyj Abp
LEI: 743700G7A9J1PHM3X223
Notification type: INITIAL NOTIFICATION
Reference number: 743700G7A9J1PHM3X223_20190507132528_5
____________________________________________
Transaction date: 2019-05-06
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
ISIN: FI0009003727
Nature of the transaction: ACQUISITION
Transaction details
(1): Volume: 460 Unit price: 13.55 EUR
(2): Volume: 904 Unit price: 13.55 EUR
(3): Volume: 140 Unit price: 13.55 EUR
(4): Volume: 109 Unit price: 13.55 EUR
(5): Volume: 12 Unit price: 13.55 EUR
Aggregated transactions
(5): Volume: 1,625 Volume weighted average price: 13.55 EUR
____________________________________________
Transaction date: 2019-05-06
Venue: BATS CHI-X EUROPE -CXE ORDER BOOKS (CHIX)
Instrument type: SHARE
ISIN: FI0009003727
Nature of the transaction: ACQUISITION
Transaction details
(1): Volume: 330 Unit price: 13.55 EUR
Aggregated transactions
(1): Volume: 330 Volume weighted average price: 13.55 EUR
____________________________________________
Transaction date: 2019-05-06
Venue: BATS CHI-X EUROPE -BXE ORDER BOOKS (BATE)
Instrument type: SHARE
ISIN: FI0009003727
Nature of the transaction: ACQUISITION
Transaction details
(1): Volume: 111 Unit price: 13.55 EUR
Aggregated transactions
(1): Volume: 111 Volume weighted average price: 13.55 EUR
More information:
Natalia Valtasaari
Vice President, Investor Relations
Tel: +358 10 709 5637
natalia.valtasaari@wartsila.com
Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2018, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com