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2014-04-29

Outotec Oyj: Directed share issue for payment of year 2013 share-based incentive program

OUTOTEC OYJ STOCK EXCHANGE RELEASE APRIL 29, 2014 at 09:05 AM

Directed share issue for payment of year 2013 share-based incentive program

Outotec's Board of Directors has decided on issuance of shares held by the
company for payment of the reward of the Share-based Incentive Program
2013-2015 from the 2013 earning period. The reward equals 5% of the eligible
maximum reward for the earning period and can be paid to a maximum of 172
Outotec employees and is at maximum 41,207 shares.

Outotec's Board of Directors has resolved to convey for free to the
participants by a directed share issue without consideration a total maximum
number of 19,027 Outotec shares held by the company. The Share-based
Incentive Program's third-party administrator currently holds a total of
22,180 Outotec shares, which will be used as part of the reward payment.

On March 31, 2014, the Annual General Meeting of Outotec authorized the Board
of Directors to decide on the issuance of shares (maximum 18,312,149 shares,
or approximately 10% of total shares) and the issuance of special rights
entitling to shares. After the Share-based Incentive Program share issue,
the Board has a remaining authorization for 18,293,122 shares valid until the
closing of the next Annual General Meeting.

For further information please contact:

OUTOTEC
Mikko Puolakka, CFO
Tel. +358 20 529 211

Email: firstname.lastname@outotec.com

DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.outotec.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Outotec Oyj via Globenewswire

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