Decisions of Elisa’s Annual General Meeting 2018
ELISA STOCK EXCHANGE RELEASE 12 APRIL 2018 AT 4:40 PM
In accordance with the proposal of the Board of Directors, Elisa’s Annual General Meeting decided to pay a dividend of EUR 1.65 per share based on the adopted financial statements 2017. The dividend will be paid to the shareholders registered in the company’s share register maintained by Euroclear Finland Ltd on 16 April 2018. The dividend will be paid on 24 April 2018.
The Annual General Meeting adopted the financial statements for 2017. The members of the Board of Directors and the CEO were discharged from liability for 2017.
The number of the members of the Board of Directors was confirmed at seven (7). Mr Raimo Lind, Ms Clarisse Berggårdh, Mr Petteri Koponen, Ms Leena Niemistö, Ms Seija Turunen and Mr Antti Vasara were re-elected as members of the Board of Directors and Mr Anssi Vanjoki as a new member of the Board of Directors. Mr Raimo Lind was appointed as the Chairman and Mr Anssi Vanjoki as the Deputy Chairman of the Board of Directors.
KPMG Oy Ab, Authorised Public Accountants Organisation, was re-elected as the company’s auditor. APA Toni Aaltonen is the responsible auditor.
The Annual General Meeting decided on to authorise the Board of Directors to resolve to repurchase or accept as pledge the company’s own shares. The repurchase may be directed. The amount of shares under this authorisation is 5 million shares at maximum. The authorisation is effective until 30 June 2019.
The Annual General Meeting decided on to authorise the Board of Directors to pass a resolution concerning the share issue, the right of assignment of treasury shares and/or the granting of special rights entitling to shares. The authorisation entitles the Board of Directors to issue the shares in another proportion than that of the current shareholdings (directed share issue). A maximum aggregate of 15 million of the company’s shares can be issued under the authorisation. The authorisation is effective until 30 June 2020.
The Annual General Meeting decided to remove section 3 “Minimum and maximum number of shares” of the Articles of Association. Section 10 “Auditing” was amended so that the Company has only one Auditor who is an Authorised Public Accountants Organisation. Further, the section 12 “General Meeting of Shareholders” was amended accordingly.
The Annual General Meeting decided that Lounet Oy or companies earlier merged into Lounet Oy (e.g. Lounais-Suomen Puhelin Oy, Paimion Puhelin Oy, Piikkiön Puhelin Oy, Piikkiön Puhelinosuuskunta, Liedon Puhelin Oy, Liedon Puhelinosuuskunta) shareholders’ right to have Elisa Corporation’s shares as merger consideration and rights based on the shares forfeit on 12 April 2018. The shares will become Elisa's own shares later. Pursuant to the decision of the Annual General Meeting, as regards such shares of Lounet Oy, as regards of which no claim on merger consideration have been presented and share certificate or other similar document and possible account on title, which proves the right of ownership, have been presented at the latest on 12 April 2018, the right to Elisa's shares given as merger consideration and rights based on them, are forfeited. Further, pursuant to the decision of the Annual General Meeting, if the share certificate or other similar document is lost, the merger consideration shall be claimed at the latest by the deadline set forth above, and the judgment regarding the annulment of the share certificate or other similar document shall be presented to Elisa on 30 November 2018 at the latest.
Mr. Vesa Sahivirta
tel. +358 50 520 5555