Extraordinary general meeting of Proha plc
EXTRAORDINARY GENERAL MEETING OF PROHA PLC The Extraordinary General Meeting of Proha Plc has decided 1) on cancelling the unused portions of the authorisations to issue shares, 2) on authorising the Board of Directors to issue shares and 3) on increasing the share capital with directed issues to the shareholders of CM-Systems Oy and Planman Oy. It was decided to continue the authorisation to issue shares and option as a part of the incentive system, with book parity of 24.310 euros. According to the Board of Directors' proposal it was also decided to cancel all earlier authorisations to issue shares on their unused portions. The Board of Directors' proposal to authorise the Board of Directors within one year of this General Meeting to deside on one or more occasions to increase the share capital was accepted with the exception that in the issue a maximum of 721.780 shares can be issued. With these shares the company's share capital can increase by the maximum of 938.314,00 euros. This authorisation entitles the Board of Directors to deviate from the shareholder's pre-emptive subscription right and to decide on the calculation basis of the subscribtion price, as well as to decide on the subscription price and other conditions. This authorisation is meant to be used on company acquisitions. The Board of Directors' proposal to increase the share capital by 464.100 euros with a directed issue to the shareholders of CM-Systems Oy and by 471.900 euros with a directed issue to the shareholders of Planman Oy was accepted. The minutes of the General Meeting are available for a view from January 25, 2000 at Proha Plc, Maapallonkuja 1 A,02210 Espoo. Proha Plc Pekka Pere CEO More information PROHA PLC CEO Pekka Pere, Tel. +358 20 4362 000 pekka.pere@proha.fi http://www.proha.fi DISTRIBUTION: Helsinki Stock Exchange Major media ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/01/24/20000124BIT00640/bit0001.doc http://www.bit.se/bitonline/2000/01/24/20000124BIT00640/bit0002.pdf