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Thursday 10 May, 2012

Okmetic Oyj

PAYMENT OF OKMETIC OYJ BOARD MEMBERS' REMUNERAT...

PAYMENT OF OKMETIC OYJ BOARD MEMBERS' REMUNERATION IN THE FORM OF SHARES HELD BY THE COMPANY

OKMETIC OYJ             STOCK EXCHANGE RELEASE    10 MAY 2012     AT 12.45 P.M.

PAYMENT OF OKMETIC OYJ BOARD MEMBERS' REMUNERATION IN THE FORM OF SHARES HELD BY THE COMPANY

In line with the decisions of the annual general meeting, Okmetic Oyj has today transferred 13,597 shares to the board members as payment of the annual remuneration.

Okmetic's annual general meeting on 12 April 2012 decided that the annual remuneration of the company's board members will be paid in the form of company shares and in cash for the part of taxes. It was decided that the payment of the annual remuneration will be made as a one-time payment so that the number of remuneration shares shall be determined according to the closing quotation of the company's share on 9 May 2012.

It was decided that the following annual remuneration shall be paid to the members of the board of directors: 40,000 euro to the chairman, 30,000 euro to the vice chairman, and 20,000 euro to the other members of the board of directors. In addition, it was decided that the board members will be paid meeting remuneration, amount of which is 750 euro/meeting for the chairman and 500 euro/meeting for the other board members.

After the transfer of shares the company holds a total of 227,946 own shares.

OKMETIC OYJ

Juha Jaatinen
Senior Vice President, Finance, IT, and Communications

For further information, please contact:

Senior Vice President, Finance, IT, and Communications
Juha Jaatinen, Okmetic Oyj, tel. +358 9 5028 0286,
email: juha.jaatinen@okmetic.com

Distribution:
NASDAQ OMX Helsinki
Principal media
www.okmetic.com

OKMETIC IN BRIEF

Take it higher

Okmetic is a technology company which supplies tailor-made silicon wafers for sensor and semiconductor industries and sells its technological expertise to the solar cell industry. Okmetic provides its customers with solutions that boost their competitiveness and profitability.

Okmetic's silicon wafers are part of a further processing chain that produces end products that improve human interaction and quality of life. Okmetic's products are based on high-tech expertise that generates added value for customers, innovative product development and an extremely efficient production process. 

Okmetic has a global customer base and sales network, production plants in Finland and the US and contract manufacturers in Japan and China. Okmetic's shares are listed on NASDAQ OMX Helsinki under the code OKM1V. For more information on the company, please visit our website at www.okmetic.com.




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information contained therein.

Source: Okmetic Oyj via Thomson Reuters ONE

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