KONE Oyj : Change in KONE Corporation's holding of treasury shares

KONE Corporation, stock exchange release, April 29, 2015 at 9.45 a.m. EET

Change in KONE Corporation's holding of treasury shares

KONE Corporation has assigned a total of 354,838 KONE class B shares to the 40 key employees of the KONE share-based incentive program as a reward payment for the 2014 earning period.

KONE Corporation has assigned a total of 3,210 KONE class B shares to the members of KONE Corporation's Board of Directors as a part of the board members' annual remuneration according to the decision of the Annual General Meeting on February 23, 2015.

The handover date for the shares was April 28, 2015. After the transfer, KONE Corporation holds 10,325,350 of its own class B shares.

For further information, please contact:
Jukka Ala-Mello, Secretary to the Board, tel. +358 (0)204 75 4226

Sender:

KONE Corporation

Jukka Ala-Mello
Secretary to the Board

Eriikka Söderström
CFO

About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2014, KONE had annual net sales of EUR 7.3 billion, and at the end of the year over 47,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland.

www.kone.com