Management shareholding


The members of the Board of Directors, the President & CEO, and the corporations under their control, owned altogether 226,930 shares in Wärtsilä Corporation at the end of 2019, which represents 0.04% 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.
 

Manager's transactions

Wärtsilä Corporation - Manager's transaction: Murto, Risto

by Wärtsilä Corporation | May 13, 2020

Wärtsilä Corporation - Manager's transaction: Murto, Risto

Wärtsilä's Annual General Meeting held on 5 March 2020 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 Risto Murto:

 

Wärtsilä Corporation - Managers' Transactions
____________________________________________

Person subject to the notification requirement
Name: Murto, Risto
Position: Member of the Board/Deputy member
Issuer: Wärtsilä Corporation
LEI: 743700G7A9J1PHM3X223

Notification type: INITIAL NOTIFICATION
Reference number: 743700G7A9J1PHM3X223_20200513143535_17
____________________________________________

Transaction date: 2020-05-13
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
ISIN: FI0009003727
Nature of the transaction: ACQUISITION

 

Transaction details
(1): Volume: 4,216 Unit price: 6.64 EUR

Aggregated transactions
(1): Volume: 4,216 Volume weighted average price: 6.64 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 2019, 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

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