Wärtsilä Corporation, Managers' transactions: Lilius, Mikael

Wärtsilä Corporation, Managers’ transactions 2 May 2017 at 12:45 UTC+2

Wärtsilä Corporation, Managers' transactions: Lilius, Mikael

Wärtsilä's Annual General Meeting held on 2 March 2017 decided that roughly 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 chairman of the Board Mikael Lilius:

Wärtsilä Corporation - Managers' Transactions

____________________________________________

Person subject to the notification requirement

Name: Lilius, Mikael

Position: Member of the Board/Deputy member

Issuer: Wärtsilä Corporation

LEI: 743700G7A9J1PHM3X223

Notification type: INITIAL NOTIFICATION

Reference number: 743700G7A9J1PHM3X223_20170428154857_2

____________________________________________

Transaction date: 2017-04-28

Venue: XHEL

Instrument type: SHARE

ISIN: FI0009003727

Nature of the transaction: ACQUISITION

( ) Executed under portfolio or asset management

( ) Linked to stock option programme

( ) Made under life insurance policy

Transaction Details

(1): Volume: 868 Unit price: 55.85000 EUR

(2): Volume: 77 Unit price: 55.85000 EUR

Aggregated transactions

(2): Volume: 945 Volume weighted average price: 55.85000 EUR

 

Further information: Natalia Valtasaari, Director, Investor & Media Relations, tel. +358 10 709 5637

Wärtsilä in brief:
Wärtsilä is a global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2016, Wärtsilä's net sales totalled EUR 4.8 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