KONE Oyj: KONE Corporation's long-term incentive plan: transfer of shares and change in holding of treasury shares
KONE Corporation, stock exchange release, August 28, 2025, at 10:30 a.m. EEST
KONE Corporation's long-term incentive plan: transfer of shares and change in holding of treasury shares
The Board of Directors of KONE Corporation has on 29 January 2025 decided, based on the authorization given by the company's annual general meeting, on a directed share issue without consideration to pay the share reward under the company's performance based long-term incentive plans 2023-2025 and 2024-2026.
In the share issue on 28 August 2025, KONE Corporation has assigned a total of 11,200 KONE class B shares held by the company to a key employee of the Group's performance based long-term incentive plan's performance period 2023-2025 and 7,977 KONE class B shares held by the company to a key employee of the Group's performance based long-term incentive plan's performance period 2024-2026. The shares assigned constitute the share portion of the reward payments.
The shares were transferred on 28 August 2025. After the transfer, KONE Corporation holds 11,537,238 of its own class B shares.
For further information, please contact:
Kaija Bridger, Executive Vice President, People & Communications, tel. +358 20 475 4292
Sender:
KONE Corporation
Niina Vilske
Secretary to the Board
Kaija Bridger
Executive Vice President, People & Communications
About KONE
At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. In 2024, KONE had annual sales of EUR 11 billion, and at the end of the year over 60,000 employees in close to 70 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.