TRANSFER OF OWN SHARES: TOP MANAGEMENT BOUGHT 150,000 OKMETIC SHARES IN A DIRECTED SHARE ISSUE
OKMETIC OYJ Â Â Â Â Â Â STOCK EXCHANGE RELEASEÂ Â Â Â Â Â 17 JANUARY 2014Â Â 9.30 A.M.
TRANSFER OF OWN SHARES: TOP MANAGEMENT BOUGHT 150,000Â OKMETIC SHARESÂ IN A
DIRECTED SHARE ISSUE
In a directed share issue on 16 January 2014, Okmetic Oyj transferred in total
150,000 own shares held by the company to President Kai Seikku (140,000 shares)
and Deputy to the President Mikko Montonen (10,000 shares). The decision to
transfer company's own shares is based on existing authorization of the Board of
Directors given by the Annual General Meeting on 10 April 2013.
Subscription price per share was determined using the average trading price of
the company's share weighted by trading volume in NASDAQ OMX Helsinki Oy on 16
January 2014, which was 4.9969 euro. Total value of the deal was 749,535 euro.
Prior to the share issue, Okmetic Oyj had 17,287,500 issued shares, of which
194,123 shares were held by the company. After the share issue, the number of
issued shares remains unchanged, and the company holds directly 44,123 own
shares. Following an acquisition announced today in a separate stock exchange
release, Okmetic holds in addition 400,000 own shares indirectly via Okmetic
Board of Directors
For further information, please contact:
Juha Jaatinen, Senior Vice President, Finance, IT, and Communications, Okmetic
Oyj, tel. +358 5028 0286, e-mail: email@example.com
NASDAQ OMX Helsinki Ltd
OKMETIC IN BRIEF
Take it higher
Okmetic is a technology company which supplies tailor-made silicon wafers for
sensor and semiconductor industries and sells its technological expertise.
Okmetic provides its customers with solutions that boost their competitiveness
Okmetic's silicon wafers are part of a further processing chain that produces
end products that improve human interaction and quality of life. The company's
products are based on high-tech expertise that generates added value for
customers, innovative product development and an extremely efficient production
Okmetic has a worldwide clientele and sales network, production plants in
Finland and in the United States as well as license-based production in Japan
and in China.
Okmetic's shares are listed on the NASDAQ OMX Helsinki Ltd under the trading
symbol OKM1V. Additional information can be found on the company's website:
Transfer of own shares: top management bought 150.000 Okmetic shares:
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Source: Okmetic Oyj via GlobeNewswire