Metsä Board Corporation Stock Exchange Release Other information disclosed
according to the rules of the Stock Exchange 6 February 2025 at 12:35 EET
The Board of Directors of Metsä Board Corporation (the "Company") has today
decided on a directed share issue without consideration for the payment of the
rewards under the Company's long-term incentive scheme 2020-2024 (for the
performance period 2022-2024) based on the authorisation to the Board of
Directors granted by the Annual General Meeting on 26 March 2024.
In the share issue, a maximum of 160,000 series B shares held by the Company may
be issued to 27 key employees included in the incentive scheme deviating from
the shareholders' subscription rights in accordance with the terms and
conditions of the scheme. No new shares will be issued under the scheme and the
scheme will therefore not have a dilutive effect. Prior to the directed share
issue, the Company holds a total of 466 496 series B shares as treasury shares,
of which at least 306 496 will remain in the possession of the Company after the
directed share issue.
The exact number of series B shares to be issued will be confirmed by 13 March
2025 at the latest and will be published in a separate stock exchange release in
connection with assigning the shares by 14 March 2025 at the latest.
Further information on Metsä Board's remuneration and incentive schemes is
available at: https://www.metsagroup.com/metsaboard/investors/corporate
-governance/compensation/
METSÄ BOARD CORPORATION
Further information:
Katri Sundström, VP, Investor Relations, tel. +358 10 462 0101
Eeva Impiö-Loimaala, General Counsel, tel. +358 44 040 3877
Metsä Board
metsagroup.com/metsaboard (http://www.metsagroup.com/metsaboard/)
Metsä Board is a producer of lightweight and high-quality folding boxboards,
food service boards and white kraftliners. The fresh wood fibres we use in our
products are a renewable and recyclable resource, that can be traced back to
Northern European forests. We aim to have completely fossil-free mills and
products by the end of 2030. We promote a culture of diversity, equality and
inclusion.
Metsä Board is listed on the Nasdaq Helsinki. In 2024 our sales totalled EUR 1.9
billion, and we have around 2,300 employees. Metsä Board is part of Metsä Group,
whose parent company Metsäliitto Cooperative is owned by over 90,000 Finnish
forest owners.
Follow Metsä Board: LinkedIn (https://www.linkedin.com/company/metsa
-board/) X (https://twitter.com/i/flow/login?redirect_after_login=%2FMetsaBoard
) Instagram (https://www.instagram.com/metsaboard/?hl=en)
YouTube (https://www.youtube.com/playlist?list=PLF6CD152EF0DA1E61)