Metso Outotec: Board Member Kari Stadigh Received Shares in Deemerger
Metso Outotec Oyj has received a disclosure indicating that Board Member Kari Stadigh received 46,366 company shares as demerger consideration. The transaction took place on June 30, 2020.
Metso Outotec Oyj has received a regulatory disclosure concerning transactions involving the company's shares. Board Member Kari Stadigh was allocated 46,366 shares in Metso Outotec as part of a demerger.
The transaction was conducted on June 30, 2020, outside a regulated trading venue. The reported unit price was 0.00 EUR, signifying that this was a component of a corporate restructuring rather than a market purchase.
Metso and Outotec merged earlier in 2020 to form the global entity Metso Outotec, focusing on sustainable technologies and end-to-end solutions for the aggregates, minerals processing, metals refining, and recycling industries worldwide.
The company aims to enhance its customers' energy and water efficiency, increase productivity, and reduce environmental risks. Metso Outotec employs over 15,000 people in more than 50 countries.