Finnlines - Decisions of general meeting

Decisions of the Annual General Meeting 2016

Helsinki, Finland, 2016-04-12 14:00 CEST (GLOBE NEWSWIRE) -- Finnlines Plc     
                   Stock Exchange Release 12 April 2016 at 15:00 



DECISIONS OF THE ANNUAL GENERAL MEETING 2016

The Annual General Meeting of Finnlines Plc approved the Financial Statements
and discharged the Company's officers from liability for the financial year
2015. 

It was decided to accept the proposal of the Board of Directors that no
dividend be paid for the year 2015. 

The meeting decided that the number of Board Members be seven. All of the
current Board Members were re-elected; Mr Christer Backman, Ms Tiina Bäckman,
Mr Emanuele Grimaldi, Mr Gianluca Grimaldi, Mr Diego Pacella, Mr Olav K.
Rakkenes and Mr Jon-Aksel Torgersen. The yearly compensation to the Board will
remain unchanged as follows: EUR 50,000 for the Chairman, EUR 40,000 for the
Vice Chairman, and EUR 30,000 for each of the other members of the Board. 

The Annual General Meeting elected APA KPMG Oy Ab as the Company's auditor for
the fiscal year 2016. It was decided that the external auditors will be
reimbursed according to invoice. 

It was decided to authorise the Board of Directors to resolve on the issuance
of shares in one or several tranches. The Board of Directors may, on the basis
of the authorisation, resolve on the issuance of shares in one or several
tranches, so that the aggregate number of shares to be issued shall not exceed
10,000,000 shares. The Board of Directors decides on all the conditions of the
issuance of shares. The issuance of shares may be carried out in deviation from
the shareholders' pre-emptive rights (directed issue). The authorisation is
valid until the next Annual General Meeting. The authorisation replaces the
Annual General Meeting’s authorisation to decide on a share issue of 14 April,
2015. 



Finnlines Plc



Tom Pippingsköld                   Tapani Voionmaa
CFO                                       Group General Counsel



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About Finnlines
Finnlines is a leading shipping operator of ro-ro and passenger services in the
Baltic Sea and the North Sea. The Company is listed on the Nasdaq Helsinki Ltd
and is a part of the Grimaldi Group, one of the world’s largest operators of
ro-ro vessels and the largest operator of the Motorways of the Sea in Europe
for both passengers and freight. This affiliation enables Finnlines to offer
liner services to and from any destination in the Mediterranean, West Africa as
well as the Atlantic coast of both North and South America. 

www.finnlines.com