UPM-Kymmene Corporation: Managers’ Transactions (Ehrnrooth)

UPM-Kymmene Corporation                Managers’ Transactions                        29 April 2024 at 09:30 EEST

UPM-Kymmene Corporation: Managers’ Transactions (Ehrnrooth) 

On 4 April 2024, the Annual General Meeting of UPM-Kymmene Corporation resolved that the annual base fee of the company's Board of Directors is paid in the company shares and cash so that approximately 40% is payable in the company shares to be purchased on the Board members' behalf, and the rest in cash. In accordance with this resolution, a total of 2,816 shares have been purchased to Henrik Ehrnrooth as follows:   

____________________________________________

Person subject to the notification requirement

Name: Henrik Ehrnrooth

Position: Chair of the Board

Issuer: UPM-Kymmene Corporation

LEI: 213800EC6PW5VU4J9U64

Notification type: INITIAL NOTIFICATION

____________________________________________

Transaction date: 2024-04-26

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009005987

Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details

(1): Volume: 2,816 Unit price: 0.00 EUR

Aggregated transactions (1):

Volume: 2,816 Volume weighted average price: 0.00 EUR

____________________________________________

UPM, Media Relations

Mon-Fri 9:00–16:00 EET

tel. 4

UPM

We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 16,600 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. 

Follow UPM on  |  |  |  |  | #UPM #biofore #beyondfossils