EFORE PLC Stock Exchange Release January 19, 2007 09.00 am
NOTICE OF EFORE PLC ANNUAL GENERAL MEETING
The shareholders of Efore Plc are invited to attend the Annual General Meeting
to be held on Monday, February 5, 2007 at 6 p.m. at Radisson SAS Royal hotel at
the address Runeberginkatu 2, Helsinki. Registration of shareholders who have
given a prior notice to attend commences at 5.15 p.m.
The following matters will be transacted at the Annual General Meeting:
1. The business to be transacted at the Annual General Meeting under Article
13 of the Articles of Association
2. Proposal by the Board of Directors to authorize the Board of Directors to
resolve on the issuing of new shares
The Board of Directors proposes to the Annual General Meeting that the Board of
Directors be authorized to resolve on the issuing of new shares in one or
several instalments, resulting in total to the issuance of a maximum of
13,274,783 new shares. The authorization includes the right of the Board of
Directors to resolve on a directed share issue. The authorization may, however,
not to be used for incentive schemes for the personnel. The authorization is
proposed to be in force for a period of one year from the resolution of the
Annual General Meeting.
Right to attend
In order to take part in the Annual General Meeting, shareholders must be
registered in the shareholders register maintained by the Finnish Central
Securities Depository Ltd. not later than January 26, 2007. In order to enable
participation at the Annual General Meeting, nominee registered shareholders
shall contact the relevant account holder so that a provisional registration
per January 26, 2007 can be made in the shareholders register.
Registration
Notification of intended participation at the Annual General Meeting must be
given to the company not later than January 29, 2007 at 4. p.m. Notice may be
given by letter to Efore Plc, Anu Virokannas, Linnoitustie 4 A, 02600 Espoo, by
e-mail anu.virokannas@efore.fi, by phone +358 9 4784 6341, or by telefax +358 9
4784 6500. When registering by letter, the letter must arrive to the
abovementioned address before the notification period expires. Any proxies are
requested to be delivered with the notices before the notification period
expires. The proxy form is available from the company's website www.efore.com.
Financial statements and Board of Directors proposals to the Annual General
Meeting
The accounts for the financial year and the proposals of the Board of Directors
to the Annual General Meeting will be on display from January 29, 2007 at the
headquarters of the company and the companys website. Copies of the documents
will be sent upon request. The Annual Report will be published on the companys
website in Finnish and in English during the week starting on January 15, 2007.
Dividend
The Board of Directors proposes to the Annual General Meeting that no dividend
be distributed for the fiscal year November 1, 2005 - October 31, 2006.
Proposal for the composition of the Board of Directors
The Nomination Committee of the Board of Directors proposes to the Annual
General Meeting that the following be elected to the Board of Directors: Mr.
Johan Ek, Mr. Isto Hantila, Ms. Outi Raitasuo, Mr. Timo Syrjälä and Mr. Matti
Tammivuori be re-elected to the Board of Directors and that Mr. Marko Luoma be
elected to the Board as a new member, all according to their consent.
Proposal for the Company's auditor
The Board of Directors proposes that Ernst & Young Oy, Authorized Public
Accountants be elected as the Company's auditor.
EFORE PLC
Board of Directors
For further information please contact Reijo Mäihäniemi, President and CEO,
tel. +358 9 4784 6312
DISTRIBUTION Helsinki Exchanges
Principal media
Efore Group
The Efore electronics group is an international company providing services for
the telecommunications, industrial automation and health-care industries. Its
operations comprise custom-designed power supplies, power systems and related
service and maintenance.
Efore's registered office is in Espoo, Finland. Besides Finland, Efore's
product development and marketing units are located in China, the USA, Germany
and Sweden. Its production facilities are located in China, Estonia and the
USA. In the fiscal year ending in October 2006, consolidated net sales
totalled approximately EUR 90.5 million and it had a personnel of 812. The
shares of the parent company Efore Plc are quoted on the Helsinki Stock
Exchange.
www.efore.com