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2012-05-09 08:05:00 CEST 2012-05-09 08:05:30 CEST REGULATED INFORMATION Ruukki Group Oyj - Company AnnouncementSHAREHOLDERS' PROPOSAL TO THE ANNUAL GENERAL MEETING ON THE REMUNERATION OF THE MEMBERS OF THE BOARD OF DIRECTORS07:05 London, 09:05 Helsinki, 9 May 2012 - Ruukki Group Plc, Stock Exchange Release SHAREHOLDERS' PROPOSAL TO THE ANNUAL GENERAL MEETING ON THE REMUNERATION OF THE MEMBERS OF THE BOARD OF DIRECTORS Ruukki Group Plc ("Ruukki" or the "Company") (LSE: RKKI, OMX: RUG1V) announces that shareholders that hold together over 50% of the shares and votes in the Company have announced that they will propose the following remuneration for the Board of Directors in the Annual General Meeting. The Chairman of the Board would be paid EUR 12,500 per month, the Deputy Chairman EUR 11,000 per month and other Board Members EUR 10,000 per month. In addition those members of the Board that are also members of Board Committees shall be paid as follows: The Audit Committee: The Chairman of the Audit Committee EUR 2,500 per month and members EUR 1,000 per month. Other Committees: EUR 750 per month per Committee. Those members of the Board of Directors that are executives of the Company are not entitled to receive any remuneration for the Board membership. HELSINKI ON 9 MAY 2012 RUUKKI GROUP PLC BOARD OF DIRECTORS For additional information, please contact: Ruukki Group Plc Thomas Hoyer, CEO, +358 (0)10 440 7000, thomas.hoyer@ruukkigroup.com Markus Kivimäki, General Manager: Corporate Affairs, +358 (0)10 440 7000, markus.kivimaki@ruukkigroup.com Investec Bank Plc Stephen Cooper, +44 (0)20 7597 5104, stephen.cooper@investec.co.uk RBC Capital Markets Martin Eales, +44 (0)20 7653 4000, martin.eales@rbccm.com Peter Barrett-Lennard, +44 (0)20 7653 4000, peter.barrett-lennard@rbccm.com Ruukki Group is a chrome mining and minerals producer focused on delivering sustainable growth with a speciality alloys business in southern Europe and a ferro alloys business in southern Africa. The Company is listed on NASDAQ OMX Helsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI). www.ruukkigroup.com Distribution: NASDAQ OMX Helsinki London Stock Exchange main media www.ruukkigroup.com [HUG#1609992] |
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