DECISIONS MADE BY THE EXTRAORDINARY GENERAL MEETING OF EIRIKUVA DIGITAL IMAGE OYJ ABP ON SEPTEMBER 16 2008
DECISIONS MADE BY THE EXTRAORDINARY GENERAL MEETING OF EIRIKUVA DIGITAL IMAGE OYJ ABP ON SEPTEMBER 16 2008
Confirmation of the interim financial statements 1.1.-30.6.2008 The Extraordinary General Meeting of Eirikuva Digital Image Oyj Abp held on September 16, 2008 confirmed the interim financial statements 1.1.-30.6.2008 and decided on measures to remedy the financial position of the company as follows: Abolishment of Sections 3 § and 4 § from the Articles of Association The General Meeting decided according to the Board's proposal to delete Section 3 § of the Articles of Association concerning maximum and minimum share capital, abandon the nominal value of a share and thus delete Section 4 § concerning the nominal value and due to the deleted Sections change the numbering of the following sections in the Articles of Association as consecutive. Reducing the reserve for invested unrestricted equity and the share capital The General Meeting decided according to the Board's proposal to reduce the reserve for invested unrestricted equity of the company, 722.000,00 euros, in full to cover the losses in the confirmed balance sheet of the interim financial statements. In addition, the General Meeting decided to reduce the company's registered share capital, 1.408.000,00 euros, by 1.328.000,00 euros after which reduction the share capital of the company to be registered will be 80.000,00 euros, which divides into 3.520.000 shares. The amount of the share capital reduction shall be used in full to cover the losses in the confirmed balance sheet of the interim financial statements in accordance with Chapter 14, Section 1.1 of the Finnish Limited Liability Companies Act. Authorization of the Board to decide on share issue and on special rights The General Meeting authorized the Board according to the Board's proposal to decide on share issue and on issue of option rights and other special rights. According to the authorization the Board can decide on the issue in one or several tranches so that the number of new issued shares shall not exceed 3.520.000 including the right to decide on the directed share issue and directed issue of special rights. Along with this new authorization the Board has the authorization given by the Annual General Meeting on 4 June 2008 to decide on share issues and special rights. Both authorizations are valid until the next Annual General Meeting. Eirikuva Digital Image Oyj Abp For more information: Merja Ailama-Mäkitalo Managing Director tel. + 358 40 545 3357 Certified Adviser Privanet Pankkiiriliike Oy Tuomas Siltala Managing Director tel. +358 50 560 3878