Decision of SRV Group Plc’s Extraordinary General Meeting
SRV Group Plc’s Extraordinary General Meeting was held on 22 June 2015. The Extraordinary General Meeting authorised the Board of Directors to decide on the issue of new shares or the treasury shares as follows:
Based on the authorisation, the Board of Directors may decide on the issue of new shares or the treasury shares in one or more lots in total up to a maximum of 27,000,000 shares, representing approximately 73.4 per cent of the current shares of the company.
The authorisation may be used to secure the company’s funding needs and to strengthen the balance sheet structure of the company.
Based on the authorisation, the Board of Directors shall decide on all other terms and conditions of the share issue. The issuance of shares may also be carried out in a directed share issue in derogation of the pre-emptive subscription right of shareholders.
The authorisation shall be valid until 31 March 2016 and it shall not supersede the authorisation granted to the Board of Directors by the Annual General Meeting held on 15 March 2011.
Ilpo Kokkila, Chairman of the Board, tel. +358 400 485 555
Juha Pekka Ojala, President & CEO, tel. +358 40 733 4173
Ilkka Pitkänen, CFO, tel. +358 40 667 0906
Distribution: NASDAQ OMX Helsinki, key media, company website www.srv.fi