Scanfil Oyj - Decisions of general meeting

SCANFIL PLC'S ANNUAL GENERAL MEETING, 8 APRIL 2014

SCANFIL PLC     STOCK EXCHANGE RELEASE   8 APRIL 2014    11.45 A.M.

SCANFIL PLC'S ANNUAL GENERAL MEETING, 8 APRIL 2014

Scanfil plc's Annual General Meeting has in its meeting on 8 April 2014
confirmed the Financial Statements for 2013 and discharged the Board of
Directors and the CEO from liability. 

According to Board of Directors' proposal The Annual General Meeting decided to
distribute a dividend total of EUR 0.05 per share. The record date for the
payment of dividend is 11 April 2014 and the date of payment of the dividend is
23 April 2014. 

The Meeting resolved that the Board of Directors consists of five members.
Harri Takanen, Jorma J. Takanen, Jarkko Takanen and Riitta Kotilainen were
re-elected as members of the Board of Directors and Christer Härkönen was
elected as a new member of Board of Directors. The meeting decided that the
remuneration of Chairman of the Board of Directors is EUR 2,000/month and
remuneration of a member of the Board of Directors is EUR 1,500/month. 

The remuneration for the auditor shall be paid against the auditor's reasonable
invoice. The company's auditor is KPMG Oy AB, a company of Authorised Public
Accountants, and the main auditor is Authorised Public Accountant Antti
Kääriäinen. The auditor is appointed for an indefinite term. 

In it's meeting, held after the General Meeting, the Board of Directors elected
Harri Takanen as the Chairman of the Board of Directors. 

The Meeting decided according to the Board of Directors' proposal to authorize
the Board of Directors to decide on the acquisition of the Company's own shares
with distributable assets. 

The maximum number of the shares to be repurchased shall not exceed 5,000,000
shares. Company shares will be purchased with funds from the company's
non-restricted equity, in which case the acquisition will decrease the
company's distributable non-restricted equity. 

Shares will be purchased in another proportion than that of the holdings of the
current shareholders. Purchasing will take place through public trading
arranged by NASDAQ OMX Helsinki Oy. The shares will be purchased at the fair
value established in public trading at the time of acquisition. 

The authorization cancels the authorization given in the Annual General Meeting
on 18 April 2013 to repurchase the company's own shares. The authorization will
remain in force for 18 months after it is issued. 

The minutes of the Annual General Meeting will be available on the company's
website, www.scanfil.com, as of 22 April 2014. 



SCANFIL PLC

Petteri Jokitalo
CEO



Additional information:
CEO Petteri Jokitalo
tel +358 8 4882 111



Distribution         NASDAQ OMX, Helsinki
                           Major Media
                           www.scanfil.com



Scanfil Group is engaged in contract manufacturing for international
telecommunications technology and professional electronics
manufacturers.Scanfil has almost 40 years of experience in demanding contract
manufacturing. Scanfil is a systems supplier that offers its products and
services to international telecommunications systems manufacturers and
professional electronics customers. Typical products are equipment systems for
mobile and public switched telephone networks, automation systems, frequency
converters, lift control systems, equipment and systems for electricity
production and transmission, analysers, slot machines and different
meteorological instruments. The company has production facilities in China,
Estonia, Hungary and Finland.