14/09/2017 12:20:00

Raute Corporation - Managers' transactions - Tapani Kiiski

Lahti, Finland, 2017-09-14 13:20 CEST (GLOBE NEWSWIRE) --

RAUTE CORPORATION MANAGERS' TRANSACTIONS 14 SEPTEMBER 2017 at 2:20 p.m.

RAUTE CORPORATION - MANAGERS' TRANSACTIONS – TAPANI KIISKI

____________________________________________

Person subject to the notification requirement

Name: Kiiski, Tapani

Position: Chief Executive Officer

Issuer: Raute Oyj

LEI: 743700G00629V99PE435

Notification type: INITIAL NOTIFICATION

Reference number: 743700G00629V99PE435_20170914105708_2

____________________________________________

Transaction date: 2017-09-13

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009004741

Nature of the transaction: DISPOSAL

Transaction Details

(1): Volume: 1 Unit price: 23,24000 EUR

(2): Volume: 35 Unit price: 23,24000 EUR

(3): Volume: 443 Unit price: 23,24000 EUR

(4): Volume: 21 Unit price: 23,24000 EUR

(5): Volume: 455 Unit price: 23,24000 EUR

(6): Volume: 45 Unit price: 23,24000 EUR

Aggregated transactions

(6): Volume: 1000 Volume weighted average price: 23.24000 EUR

FURTHER INFORMATION:

Arja Hakala, Chief Financial Officer

Potential call requests to Ms. Arja Hakala through: Eija Salminen, Group Executive Assistant, tel. +358 50 3801517

DISTRIBUTION:

Nasdaq Helsinki Ltd, main media, www.raute.com

RAUTE IN BRIEF:

Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood, LVL (Laminated Veneer Lumber) and sawn timber. Its technology offering covers the entire production process for veneer, plywood and LVL and special measurement equipment for sawn timber. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in the Nastola area of Lahti, Finland. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, the Shanghai area of China and in Pullman, Washington, USA. Raute’s net sales in 2016 were EUR 113.1 million. The Group’s headcount at the end of 2016 was 643. More information about the company can be found at www.raute.com.

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