The Annual General Meeting, held on February 9, 2010 decided, according to the Board of Directors proposal for the following authorizations:
AUTHORISING THE BOARD OF DIRECTORS TO RESOLVE ON THE DISTRIBUTION OF THE ASSETS
OF THE COMPANY
The Board of Directors was authorised, in accordance with its proposal, to
resolve at its discretion on a possible distribution of assets as dividend or
assets from the reserve for invested unrestricted equity if the financial
position of the company supports that. The maximum aggregate amount of the
distribution of assets is EUR 0.05 per share. The authorization includes the
right of the Board of Directors to resolve on all other terms and conditions
relating to the distribution of assets. The authorization is valid until the
next Annual General Meeting.
AUTHORISING THE BOARD OF DIRECTORS TO RESOLVE ON THE ACQUISITION OF THE
COMPANY'S OWN SHARES
The Board of Directors was authorised, in accordance with its proposal, to
resolve on the acquisition of the company's own shares, in one or several
instalments, on the following terms and conditions:
Based on the authorization an aggregate maximum of 4,000,000 own shares may be
acquired by using the company's unrestricted equity. The shares shall be
acquired in public trading arranged by NASDAQ OMX Helsinki Oy at the prevailing
market price. The minimum price of the shares to be acquired is thus the lowest
market price quoted in public trading during the validity of the authorization,
and the maximum price is the highest market price quoted in public trading
during the validity of the authorization. The rules of NASDAQ OMX Helsinki Oy
and of Euroclear Finland Oy shall be complied with in the acquisition. The
authorization includes the right of the Board of Directors to resolve on all
other terms and conditions relating to the acquisition of the company's own
shares. Thus, the authorization also includes the right to acquire own shares
otherwise than in proportion to the holdings of the shareholders. The
authorization is valid until the next Annual General Meeting.
AUTHORISING THE BOARD OF DIRECTORS TO RESOLVE ON THE ISSUING OF SHARES, OPTION
RIGHTS AND OTHER SPECIAL RIGHTS ENTITLING TO SHARES
The Board of Directors was authorised, in accordance with its proposal, to
resolve on the issuance, in one or several instalments, of shares, option rights
and special rights pursuant to chapter 10, section 1 of the Finnish Companies
Act, so that the aggregate maximum number of new shares granted on the basis of
the authorization does not exceed 13,000,000 new shares. In addition, a maximum
number of 4,000,000 own shares held by the company may be transferred in
connection with a share issue and/or received based on special rights entitling
to shares. The authorization includes the right to resolve on a directed issue
deviating from the shareholders' pre-emptive subscription right and the right to
resolve on a directed share issue without payment. The authorization is in force
until the 2012 Annual General Meeting. The earlier authorization is terminated
with this authorization.
Updated February 11, 2010
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