ETTEPLAN OYJ'S EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS 21 SEPTEMBER 2007
ETTEPLAN OYJ'S EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS 21 SEPTEMBER 2007
The Extraordinary General Meeting of Etteplan Oyj was held today, 21 September
2007, in Lahti. The Extraordinary General Meeting passed the motions put forward
by the Board of Directors to amend the Articles of Association, to give a share
issue free of charge and to increase the share capital by means of reserve
increase.
All the resolutions of the Extraordinary General Meeting were passed
unanimously.
The Extraordinary General Meeting made the following resolutions:
1. A resolution to amend the Articles of Association as follows:
(i) to delete the reference to the minimum and maximum share capital and
to the minimum and maximum number of shares set forth in Article 3
and Article 4,
(ii) to delete the provision concerning the record date set forth in
Article 5,
(iii) to amend the provision concerning the election of the Chairman
of the Board of Directors set forth in Article 6 so that the
Chairman will be elected by the Board of Directors instead of
the shareholders meeting,
(iv) to amend the wording concerning authorised signatories set forth
in Article 8 to reflect the terminology used in the existing Finnish
Companies Act,
(v) to amend the entry concerning the agenda for the Annual General
Meeting of Shareholders set forth in Article 10 to reflect the
terminology used in the existing Finnish Companies Act;
(vi) to amend the pre-emptive purchase obligation set forth in Article 13
so that the with respect to the shareholders pre-emptive purchase
obligation the Article contain a reference to the existing Securities
Market Act.
The numbering of the articles shall be amended correspondingly.
2. A resolution on share issue free of charge according to which the
shareholders of the company will be issued new shares of the company in
proportion of their current ownership. The shareholders of the company are
entitled to have one (1) new share of the company against of each shares owned
by them. A total of 10,089,707 new shares of the company will be issued free of
charge in connection with the share issue.
3. A resolution to increase the company's share capital by means of reserve
increase (rahastokorotus in Finnish). In connection with the reserve increase
the share capital of the company will be increased a total amount of
EUR 2,477,573.25. After the share capital increase the amount of the share
capital of the company will be EUR 5,000,000.
Hollola, 21 September 2007
Etteplan Oyj
Board of Directors
For additional information, please contact: Heikki Hornborg, CEO,
tel. + 358 400 873 063
DISTRIBUTION
OMX Nordic Exchange in Helsinki
Principal media
www.etteplan.com
