Orion Corporation: Transfer of 44,806 own B-shares

 

 

ORION CORPORATION      STOCK EXCHANGE RELEASE    5 MARCH 2009      AT 18.50 P.M.

 

 

Orion Corporation: Transfer of 44,806 own B-shares
on 5 March 2009

 

In accordance with a decision by the Board of Directors, Orion Corporation has on 5 March 2009 transferred altogether 44,806 Orion Corporation B-shares held by the company as a share bonus for 2008 to the persons employed by the Orion Group and belonging to the Share-based Incentive Plan of the Orion Group. The transfer is based on the authorisation by the Annual General Meeting of 25 March 2008. The price per share of the transferred shares is EUR 11.972, which is the volume weighted average quotation of the Orion Corporation B-share on 5 March 2009. Accordingly, the total transaction price of the transferred shares is EUR 536,417.43.

 

After the share transfer, the total number of own B-shares held by Orion Corporation is 280,030.

 

Orion Corporation has informed about the Plan in a stock exchange release on 24 January 2007.

 

 

Orion Corporation

 

 

 

Timo Lappalainen                    Olli Huotari

President and CEO                 SVP, Corporate Functions

 

 

Publisher:

Communications

Orionintie 1A, 02200 Espoo

Homepage: www.orion.fi