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2009-10-19 14:30:00 CEST 2009-10-19 14:30:01 CEST REGULATED INFORMATION Tiimari Oyj Abp - Decisions of extraordinary general meetingDecisions of the extraordinary general meeting and the Board's organising meeting held 19th October 2009TIIMARI PLC STOCK EXCHANGE RELEASE 19 OCTOBER 2009 at 15.30 DECISIONS OF THE EXTRAORDINARY GENERAL MEETING AND THE BOARD'S ORGANISING MEETING HELD 19TH OCTOBER 2009 Tiimari Plc's extraordinary general meeting held today authorised the Board to emit a directed convertible capital loan for a maximum of 4.980.000 euros to a maximum of one hundred professional or institutional investors. The loan has been divided into 60.000 euro loan obligations, the emission rate being 100 %, interest 8 % p.a. and it is exchangeable to an approximate exchange rate of 1.4746 euros. The company's total amount of shares could due to the conversion of loan shares rise by a maximum of 3.377.173 new shares. The exchange rate is equivalent to the weighted average price of the share in trading on Nasdaq OMX Helsinki Plc during 22nd September - 7th October 2009 increased by 5 percent. The general meeting authorised the Board to decide on emitting a maximum of 4.000.000 shares via a share emission and/or issue special rights related to the shares referred to in Chapter 10, Section 1 of the Limited Liability Companies Act in one or several instalments. The authorisation is valid until 30th April 2013. The board was agreed to comprise seven members. Mr. Markku Pelkonen (b. 1962) was elected as a new member of the Board. The Board elected Mr. Hannu Ryöppönen as its chairman and Mr. Peter Seligson as vice chairman in its organising meeting held after the general meeting. Mr. Hannu Ryöppönen was elected chairman of the nomination and compensation committee and Mr. Alexander Rosenlew and Mr. Peter Seligson as members. Mr. Juha Mikkonen was elected chairman of the audit committee and Mr. Hannu Ryöppönen and Mr. Peter Seligson as members. Helsinki 19 October 2009 TIIMARI PLC Further information: CEO Hannu Krook tel. + 358 (0)3 812911, e-mail hannu.krook@tiimari.fi |
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