Decisions of extraordinary general meeting
Resolution of the Extraordinary General Meeting of Componenta
Componenta Corporation Stock Exchange Release 16.8.2013 at 10.30
The Extraordinary General Meeting of Componenta Corporation, held on 16 August 2013, resolved to authorise the Board of Directors, in accordance with its proposal, to resolve on a share issue and an issue of special rights entitling to shares as referred to in Chapter 10, Section 1 of the Limited Liability Companies Act in one or several instalments, either against payment or without payment. The aggregate amount of shares to be issued, including the shares to be received based on special rights, shall not exceed 2,500,000 shares. The maximum amount of the authorisation corresponds approximately to 11 per cent of all the shares in the company. The maximum amount of the authorisation and the authorisation to resolve on a share issue and issue of special rights entitling to shares, amounting to maximum 7,500,000 shares given to the Board of Directors by the Annual General Meeting of shareholders on 22 March 2013, correspond together approximately to 45 per cent of all the shares in the company. The Board of Directors may resolve to issue either new shares or to transfer treasury shares potentially held by the company.
The authorisation entitles the Board of Directors to resolve on all conditions for the share issue and the issue of special rights entitling to shares, including the right to derogate from the pre-emptive right of the shareholders. The authorisation may be used to strengthen the balance sheet and financial position of the company or to other purposes to be resolved on by the Board of Directors.
The authorisation is in force until the next Annual General Meeting, however no longer than until 30 June 2014. The authorisation does not cancel the earlier authorisation to resolve on a share issue and issue of special rights entitling to shares given to the Board of Directors by the Annual General Meeting of shareholders on 22 March 2013.
The presentation given by the President and CEO in the general meeting is available on the company’s website at www.componenta.com.
Helsinki, 16 August 2013
President and CEO
For further information, please contact:
President and CEO
tel. +358 10 403 2200
tel. +358 10 403 2723
Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 545 million in 2012 and its share is listed on the NASDAQ OMX Helsinki. The Group employs approx. 4,300 people. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers, who are manufacturers of vehicles, machines and equipment.