Kemira Oyj
Stock exchange release
May 6, 2013 at 9.00 am (CET+1)
Based on the decision of the Annual General Meeting of Kemira Oyj on March 26, 2013, Kemira Oyj has transferred 8,152 shares to the members of the Board of Directors as part of remuneration of the Board.
Trading code: KRA1V
Number of shares: 8,152
The price per share of the transferred shares is EUR 11.58 which is the volume weighted average quotation of the Kemira Oyj share on May 3, 2013.
After the transfer on May 6, 2013, the company will continue to hold a total of
3 301 006 shares.
The Annual General Meeting on March 26, 2013 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, 2013.
For more information, please contact
Kemira Oyj
Tero Huovinen, Director, Investor Relations
Tel. +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 2012, Kemira had annual revenue of EUR 2.2 billion and around 4,900 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.
www.kemira.com (http://www.kemira.com/)
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Kemira Oyj via Thomson Reuters ONE
