Orion Corporation: Transfer of 141,949 own B-shares on 2 March 2015

Orion Corporation: Transfer of 141,949 own B-shares on 2 March 2015

ID: 375444

(Thomson Reuters ONE) -




ORION CORPORATION      STOCK EXCHANGE RELEASE 2 MARCH 2015 at 6.55 pm
EET


Orion Corporation: Transfer of 141,949 own B-shares on 2 March 2015

In accordance with a decision by the Board of Directors, Orion Corporation has
on 2 March 2015 transferred altogether 141,949 Orion Corporation B-shares held
by the company as a share reward for earning periods 2012-2014 and 2014 to the
persons employed by the Orion Group and belonging to the Share-based Incentive
Plans of the Orion Group. The transfer is based on the authorisation by the
Annual General Meeting of 19 March 2013. The price per share of the transferred
shares is EUR 28.9172, which is the volume weighted average quotation of the
Orion Corporation B-share on 2 March 2015. Accordingly, the total transaction
price of the transferred shares is EUR 4,104,767.62.

After the share transfer, the total number of own B-shares held by Orion
Corporation is 427,716.

Orion Corporation has informed about the Share-based Incentive Plans in stock
exchange releases on 18 February 2010 and 5 February 2013.




Orion Corporation


Timo Lappalainen   Olli Huotari
President and CEO SVP, Corporate Functions





Publisher:
Orion Corporation
Communications
Orionintie 1A, FI-02200 Espoo, Finland
Homepage: www.orion.fi

Orion is a globally operating Finnish company developing pharmaceuticals and
diagnostic tests - a builder of well-being. Orion develops, manufactures and
markets human and veterinary pharmaceuticals, active pharmaceutical ingredients
and diagnostic tests. The company is continuously developing new drugs and
treatment methods. The core therapy areas of Orion's pharmaceutical R&D are
central nervous system (CNS) disorders, oncology and respiratory for which Orion




developes inhaled Easyhaler® pulmonary drugs.

Orion's net sales in 2014 amounted to EUR 1,015 million and the company had
about 3,500 employees. Orion's A and B shares are listed on NASDAQ Helsinki.




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Orion Oyj via GlobeNewswire
[HUG#1898822]




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Bereitgestellt von Benutzer: hugin
Datum: 02.03.2015 - 17:55 Uhr
Sprache: Deutsch
News-ID 375444
Anzahl Zeichen: 2806

contact information:
Town:

Espoo



Kategorie:

Business News



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