Componenta - Decisions of extraordinary general meeting

Resolution of the Extraordinary General Meeting of Componenta

Componenta Corporation   Stock Exchange Release 27.6.2014 at 12.25

The Extraordinary General Meeting of Componenta Corporation, held on 27 June
2014, resolved to authorise the Board of Directors, in accordance with its
proposal, to resolve on a share issue and an issue of special rights entitling
to shares as referred to in Chapter 10, Section 1 of the Limited Liability
Companies Act in one or several installments, either against payment or without
payment. The aggregate amount of shares to be issued, including the shares to
be received based on special rights, shall not exceed 9,000,000 shares. The
proposed maximum amount of the authorisation corresponds approximately to 31
per cent of all the shares in the company, and in conjunction with the
authorisation to resolve on a share issue and issue of special rights entitling
to shares amounting to a maximum 6,000,000 shares given to the Board of
Directors by the Annual General Meeting of shareholders on 13 March 2014,
approximately to 51 per cent of all the shares in the company. The Board of
Directors may resolve to issue either new shares or to transfer treasury shares
potentially held by the company. 

The authorisation entitles the Board of Directors to resolve on all conditions
for the share issue and the issue of special rights entitling to shares,
including the right to derogate from the pre-emptive right of the shareholders.
The authorisation may be used to strengthen the balance sheet and financial
position of the company. The company has earlier announced that is has started
the financing arrangements aiming to re-finance the company's interest bearing
debt with new long-term financing instruments. The arrangements have made
progress according to plan and are targeted to be completed in the change of
June-July. The financing arrangements and a possible share issue to be carried
out in connection with them are aiming to decrease financial expenses and
ensure the sufficient financing and liquidity for the company's future
development. 

The authorisation is in force until the next Annual General Meeting, however no
longer than until 30 June 2015. The authorisation does not cancel the earlier
authorisation to resolve on a share issue and issue of special rights entitling
to shares given to the Board of Directors by the Annual General Meeting of
shareholders on 13 March 2014. 

The presentation given by the President and CEO in the general meeting is
available on the company's website at www.componenta.com. 

Helsinki, 27 June 2014

COMPONENTA CORPORATION


Heikki Lehtonen
President and CEO



For further information, please contact:

Heikki Lehtonen
President and CEO
tel. +358 10 403 2200

Mika Hassinen
CFO
tel. +358 10 403 2723



Componenta is a metal sector company with international operations and
production plants located in Finland, Turkey, the Netherlands and Sweden. The
net sales of Componenta were EUR 511 million in 2013 and its share is listed on
the NASDAQ OMX Helsinki. The Group employs approx. 4,400 people. Componenta
specializes in supplying cast and machined components and total solutions made
of them to its global customers, who are manufacturers of vehicles, machines
and equipment.

Attachments:

release_27062014_resolution of Componenta EGM.pdf