Kemira Oyj: Transfer of the company's own shares

Kemira Oyj
Stock Exchange Release
May 5, 2014 at 9.30 am (CET+1)


Based on the decision of the Annual General Meeting of Kemira Oyj on March 24, 2014, Kemira Oyj has transferred 9,821 shares to the members of the Board of Directors as part of remuneration of the Board.

Trading code: KRA1V

Number of shares: 9,821

The price per share of the transferred shares is EUR 11.08 which is the volume weighted average quotation of the Kemira Oyj share on May 2, 2014.

After the transfer on May 5, 2014, the company will continue to hold a total of 3,291,185 shares.

The Annual General Meeting on March 24, 2014 decided that the annual fee for the Board of Directors be paid as a combination of the company's shares and cash in such a manner that 40% of the annual fee is paid with the company's shares owned by the company or, if this is not possible, shares purchased from the market, and 60% is paid in cash. According to the decision the shares will be transferred to the members of the Board of Directors and, if necessary, acquired directly on behalf of the members of the Board of Directors within two weeks from the release of Kemira's interim report January 1 - March 31, 2014.


For more information, please contact

Kemira Oyj
Tero Huovinen, VP, Investor Relations
+358 10 862 1980

Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2 billion and around 4,500 employees. Kemira shares are listed on the Nasdaq OMX Helsinki Ltd. www.kemira.com

Link to the release


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Source: Kemira Oyj via Globenewswire
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