KONE Corporation: Managers' Transactions

KONE Corporation, managers' transactions, July 1, 2021, at 10.00 a.m. EEST

KONE Corporation - Managers' Transactions

Additional information relating to the transaction:

The transaction notified by virtue of this manager’s transaction notification is based on a demerger as stipulated in the Finnish Limited Liability Companies Act of a legal person closely associated with the manager of KONE Corporation pursuant to which all assets and liabilities shall transfer to the receiving companies. The demerger plan has been signed in November 2020 and the registration date of the execution of the demerger was bindingly confirmed on June 4, 2021, whereupon the technical execution date was set to June 30, 2021.
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Person subject to the notification requirement
Name: Oy Omsatu Ab
Position: Closely associated person
(X) Legal person

(1):Person Discharging Managerial Responsibilities In Issuer
Name: Ehrnrooth, Henrik
Position: Chief Executive Officer

Issuer: KONE Corporation
LEI: 2138001CNF45JP5XZK38

Notification type: INITIAL NOTIFICATION
Reference number: 2138001CNF45JP5XZK38_20210701091039_9
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Transaction date: 2021-06-30
Venue not applicable
Instrument type: SHARE
ISIN: FI0009013403
Nature of the transaction: DISPOSAL

Transaction details
(1): Volume: 5,000 Unit price:  N/A

Aggregated transactions
(1): Volume: 5,000 Volume weighted average price:  N/A

Natalia Valtasaari, Vice President, Investor Relations, tel. +358 204 75 4705  

Sender:

KONE Corporation

Jukka Ala-Mello
Secretary to the Board

Ilkka Hara
CFO

About KONE
At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2020, KONE had annual sales of EUR 9.9 billion, and at the end of the year over 60,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com