UPM-Kymmene Corporation: Managers' Transactions (Reinikkala)

UPM-Kymmene Corporation      Managers' Transactions         2 May 2018 at 12:30 EET

UPM-Kymmene Corporation: Managers' Transactions (Reinikkala)

On 5 April 2018, 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 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, Veli-Matti Reinikkala has been purchased shares as follows:

Person subject to the notification requirement
Name: Reinikkala Veli-Matti
Position: Member of the Board
Issuer: UPM-Kymmene Corporation
LEI: 213800EC6PW5VU4J9U64

Notification type: INITIAL NOTIFICATION
____________________________________________

Transaction date: 2018-04-27
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
ISIN: FI0009005987
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION

Transaction details
(1): Volume: 1,470 Unit price: 0.00 EUR

Aggregated transactions
(1): Volume: 1,470 Volume weighted average price: 0.00 EUR

UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations

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UPM
UPM leads the forest-based bioindustry into a sustainable, innovation-driven and exciting future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. UPM provides sustainable and safe solutions to the growing global consumer demand. Products are made of renewable and recyclable materials. The group employs around 19,100 people worldwide and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - www.upm.com

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