Finnlines - Company Announcement

Finnlines Plc Decisions of the Annual General Meeting

Helsinki,Finland, 2013-04-16 12:15 CEST (GLOBE NEWSWIRE) -- Finnlines Plc      
  Stock Exchange Release                      16 April, 2013 at 13.15 





Decisions of the Annual General Meeting





The Annual General Meeting of Finnlines Plc approved the Financial Statements
and discharged the company's officers from liability for the financial year
2012. 



It was decided to accept the proposal of the Board of Directors that no
dividend shall be paid for the year 2012. 



The meeting decided that the number of Board Members be seven. All of the
current Board Members were re-elected; Mr Emanuele Grimaldi, Mr Gianluca
Grimaldi, Mr Diego Pacella, Mr Olav K Rakkenes and Mr Jon-Aksel Torgersen, Mr
Christer Backman and Ms Tiina Bäckman. The yearly compensation to the Board
will remain unchanged as follows: the Chairman EUR 50,000, the Vice-Chairman
EUR 40,000 and the Member EUR 30,000. 



The Annual General Meeting elected APA KPMG Oy Ab as the Company's auditor for
the fiscal year 2013. It was decided that the external auditors will be
reimbursed according to invoice. 



It was decided to authorize the Board of Directors to resolve on the issuance
of shares in one or several tranches. The Board of Directors may, on the basis
of the authorization, resolve on the issuance of shares in one or several
tranches, so that the aggregate number of shares to be issued shall not exceed
10,000,000 shares. The Board of Directors decides on all the conditions of the
issuance of shares. The issuance of shares may be carried out in deviation from
the shareholders' pre-emptive rights (directed issue). The authorization is
valid until the next Annual General Meeting. The authorization replaces the
Annual General Meeting's authorization to decide on a share issue of 17 April,
2013. 



It was also decided to change § 10 of the Articles of Association of the
Company regarding the convocation way of announcement of the Shareholder
Meeting as follows: 

“The Shareholders' Meeting shall be announced in a national newspaper chosen by
the Board or on the web site of the company, no earlier than three months
before the Shareholders' Meeting and no later than 21 days before the
Shareholders' Meeting. The invitation must in any event be given no later than
nine (9) days before the record date of the Shareholders Meeting.” 





Finnlines Plc





Seija Turunen                    Tapani Voionmaa

CFO and Deputy CEO               Group General Counsel





Distribution

- Nasdaq OMX Helsinki Ltd

- Main media