Kemira Oyj, Stock Exchange Release, May 19, 2023 at 4.00 pm (EEST)
Kemira Oyj: Transfer of the company's own shares
Based on the decision of the Annual General Meeting of Kemira Oyj on March 22, 2023, Kemira Oyj has on May 19, 2023 transferred 1,330 shares to the members of the Board of Directors as part of remuneration of the Board.
After the transfer, the company holds a total of 1,722,725 shares.
The Annual General Meeting held on March 22, 2023 decided that the annual fee for the Board of Directors is paid as a combination of the company's shares and cash in such a manner that 40% of the annual fee is paid in 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 January-March 2023 Interim Report.
For more information, please contact:
Mikko Pohjala, Vice President, Investor Relations
Tel. +358 40 838 0709
Kemira is a global leader in sustainable chemical solutions for water-intensive industries. We provide the best-suited products and services to improve our customers’ product quality, process, and resource efficiency. Our focus is on pulp & paper, water treatment, and energy sectors. In 2022, Kemira had annual revenue of around EUR 3.6 billion and around 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd. www.kemira.com