Solteq Plc Stock Exchange Bulletin 17.3.2017 at 3.15 pm
The Annual General Meeting of Solteq Plc was held in Vantaa today. The Annual General Meeting and the Board meeting, held after the Annual General Meeting made the following decisions:
DECISIONS IN ACCORDANCE WITH THE ARTICLES OF ASSOCIATION
Solteq’s Annual General Meeting approved the financial statement for period 1.1.-31.12.2016 and discharged the CEO and the Board of Directors from liability.
The Board of Directors’ proposal of to the General Meeting that a dividend of EUR 0.05 per share be paid from the financial year ended on 31.12.2016 was accepted. The dividend will be paid to shareholders who on the record date of 21.3.2017 are registered as shareholders in the Company’s shareholders’ register held by Euroclear Finland Oy. The dividend is paid on 28.3.2017.
The Annual General Meeting decided that The Board of Directors includes five (5) members. A monthly remuneration of 3.000 euros to the Chairman of the Board and 1.500 euros to the Board members and remuneration of 500 euros per meeting will be paid to the Chairman of the Board and to each Board Member.
Aarne Aktan, Eeva Grannenfelt, Kirsi Harra-Vauhkonen, Markku Pietilä and Mika Uotila were re-elected as Board members.
Authorised public accountants KPMG Oy Ab was re-elected as auditor of the company.
DECISIONS IN ACCORDANCE WITH THE PROPOSALS OF THE BOARD OF DIRECTORS
The Annual General Meeting authorized the Board of Directors to decide on share issue, carried out with or without payment and on issuing share options, and other special rights referred to in Chapter 10, Section1 of the Finnish Companies Act as follows:
The maximum total amount of shares or other rights is 5.000.000. The authorization includes the right to give new shares or convey company’s own shares. The authorization includes a right to deviate from the shareholders’ pre-emptive right of subscription if there is a significant reason in company’s opinion, e.g. to improve the capital structure, to finance and execute business acquisitions and other business improvement arrangements or to be used as a part of remuneration of personnel. The authorization includes that the board of directors may decide the terms and other matters concerning the share issue. The authorization is effective until the next Annual General Meeting, however, no longer than until April 30, 2018.
DECISIONS OF THE BOARD MEETING HELD AFTER THE ANNUAL GENERAL MEETING
In the Board meeting, held after the Annual General Meeting, Markku Pietilä was elected as the Chairman of the Board.
In addition the Board of Directors decided to appoint the Audit Committee. The members of the Audit Committee are Aarne Aktan, Markku Pietilä and Mika Uotila. Mika Uotila acts as the Chairman of the Audit Committee.
For further information please contact:
Markku Pietilä, Chairman of the Board of Directors
Tel +358 500 4551 56
Antti Kärkkäinen, CFO
Tel +358 40 8444 393
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