KONE Corporation,stock exchange release, January 29, 2020 at 11.45 a.m. EET
Changein KONE Corporation's holding of treasuryshares
KONE Corporation hasassigned a total of 217,499 KONE class B shares to the key 382employees of the KONE share-based incentive program as a rewardpayment for the 2017 earningsperiod.
The handover datefor the shares was January 29, 2020. After the transfer, KONECorporation holds 11,336,106 of its own class Bshares.
For furtherinformation, please contact:
Jukka Ala-Mello,Secretary to the Board, tel. +358 (0)204 754226
Sender:
KONECorporation
Jukka Ala-Mello
Secretary to theBoard
Ilkka Hara
CFO
AboutKONE
At KONE, our missionis to improve the flow of urban life. As a global leader in theelevator and escalator industry, KONE provides elevators,escalators and automatic building doors, as well as solutions formaintenance and modernization to add value to buildings throughouttheir life cycle. Through more effective People Flow®, we makepeople's journeys safe, convenient and reliable, in taller, smarterbuildings. In 2019, KONE had annual sales of EUR 10 billion, and atthe end of the year approximately 60,000 employees. KONE class Bshares are listed on the Nasdaq Helsinki Ltd. inFinland.
www.kone.com