Nurminen Logistics Plc Stock Exchange Release 17 July 2017, at 17.30 P.M Finnish time
Decision of Nurminen Logistics Plc’s Extraordinary General Meeting
Nurminen Logistics Plc’s (the “Company”) Extraordinary General Meeting was held on 17 July 2017. The Extraordinary General Meeting authorized the Board of Directors to resolve on share issues as well as on the issue of options and other special rights entitling to shares as follows:
Based on the authorization, the Board of Directors may issue or assign, either by one or several resolutions, shares and special rights an amount, which corresponds to a maximum of 5,330,000 new shares in the Company.
The authorization may be used, inter alia, for the financing of the Company and business acquisitions or other business transactions and investments, diversifying the ownership base, financing arrangement, remuneration of the members of the Board of Directors and/or for the creation of incentive schemes and for engaging personnel.
Pursuant to the authorization, the Board of Directors is entitled to resolve on share issues and on the issuance of options and other special rights entitling to shares in every way to the same extent as could be resolved by the General Meeting, including the Board of Director’s right to resolve on directed share issues and on the issue of special rights entitling to shares. The authorization entitles the Board to resolve on a share issue with or without payment. The authorization for deciding on a share issue without payment also includes the right to resolve on a share issue to the Company itself, so that the authorization may be used in such a way that in total no more than one tenth (1/10) of all shares in the Company may from time to time be in the possession of the Company and its subsidiaries.
The authorization will be valid until 17 July 2022 and it does not revoke the authorization granted to the Board of Directors by the Annual General Meeting on 21 April 2017, which is valid until 30 April 2018.
The minutes of the Extraordinary General Meeting will be available on the Company’s website at www.nurminenlogistics.com as from 31 July 2017, at the latest.
Nurminen Logistics Plc
Further information, please contact:
Olli Pohjanvirta, Chairman of the Board of Directors, tel. +358 40 900 6977
Marko Tuunainen, President and CEO, tel. +358 10 545 7011
Distribution
Nasdaq Helsinki Ltd
Key media
wwww.nurminenlogistics.com
Nurminen Logistics is a listed company established in 1886 that offers logistics services. The company provides high-quality forwarding, cargo handling and value added services as well as railway transports and related to it project transport services to its customers. The main market areas of Nurminen Logistics are Finland, Russia and its neighbouring countries.