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 Corporation - Manager's transaction: Falk, Karin
Wärtsilä's Annual General Meeting held on 4 March 2021 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 Karin Falk:
Wärtsilä Corporation - Managers' Transactions
____________________________________________
Person subject to the notification requirement
Name: Falk, Karin
Position: Member of the Board/Deputy member
Issuer: Wärtsilä Corporation
LEI: 743700G7A9J1PHM3X223
Notification type: INITIAL NOTIFICATION
Reference number: 743700G7A9J1PHM3X223_20210510143140_2
____________________________________________
Transaction date: 2021-05-10
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
ISIN: FI0009003727
Nature of the transaction: ACQUISITION
Transaction details
(1): Volume: 2,581 Unit price: 10.845 EUR
Aggregated transactions
(1): Volume: 2,581 Volume weighted average price: 10.845 EUR
More information:
Ms Emilia Rantala
Manager, Investor Relations
tel. +358 10 709 1114
email: emilia.rantala@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 2020, Wärtsilä's net sales totalled EUR 4.6 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com