Norvestia - Decisions of extraordinary general meeting

DECISIONS BY THE EXTRAORDINARY GENERAL MEETING OF NORVESTIA OYJ 12 JUNE 2015

Helsinki, Finland, 2015-06-12 12:00 CEST (GLOBE NEWSWIRE) -- 

Norvestia Oyj          Stock exchange release       12 June 2015 at 13:00

DECISIONS BY THE EXTRAORDINARY GENERAL MEETING OF NORVESTIA OYJ 12 JUNE 2015

The Extraordinary General Meeting of Norvestia Oyj held today decided to adopt
the proposal by the shareholders Kaupthing hf. and CapMan Plc for the
combination of the current share classes of the company by way of amending the
Articles of Association so that the provisions on the class A and class B
shares are removed from Article 3 of the Articles of Association. The
combination will be completed without compensation to the holders of the
current class A shares. Following the combination of the current share classes
Norvestia Oyj will have a single share class consisting of a total of
15,316,560 ordinary shares. Each of the shares will convey one (1) vote at a
General Meeting of Shareholders and equal rights in every respect. 

The date for the registration of the amendment of the Articles of Association
related to the combination is estimated to be 22 June 2015. Thereafter the
shares of Norvestia Oyj will be converted in the book entry system as same
class ordinary shares and are to be quoted on the main list of NASDAQ OMX
Helsinki Oy on 23 June 2015 (estimated). In connection with the quotation the
trading code of Norvestia Oyj changes into form NORVE (currently NVABV). 

The combination of the share classes does not require any measures by the
shareholders of Norvestia Oyj. 

In addition, the General Meeting confirmed the number of Board members to be
five (5) and elected the following persons to the Board of Directors: Heikki
Westerlund, Niko Haavisto, Hannu Syrjänen, Arja Talma and Georg Ehrnrooth.
Heikki Westerlund was elected as the Chairman and Hannu Syrjänen as the Vice
Chairman of the Board of Directors. The term of office of the elected Board
members shall end at the conclusion of the next Annual General Meeting
following the election. 

Norvestia Oyj

Board of Directors

On behalf Juha Kasanen
Managing Director
Tel. +358-9-6226 380

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www.norvestia.fi