Aldata Solution Oyj STOCK EXCHANGE RELEASE March 29, 2007, 13.30 p.m. (EET) DECISIONS OF THE 2007 ANNUAL GENERAL MEETING OF ALDATA SOLUTION OYJ The Annual General Meeting of Aldata Solution Oyj was held in Helsinki, Finland, on March 29th, 2007. Financial statements were confirmed for the fiscal year 2006. The Annual General Meeting decided not to pay dividend. The Board members and the Managing Director were discharged from liability. Confirmation of financial statements and dividend proposal The meeting approved the parent company's financial statements and consolidated financial statements for the year 2006 and decided according to the Board's proposal that no dividend will be distributed on the year 2006. The profit for the year will be carried forward to the retained earnings account. Discharging from liability The Annual General Meeting discharged the Board members and the Managing Director from liability for the fiscal year 2006. Articles of Association The Annual General meeting approved the amendments to the company's Articles of Association as proposed by the Board of Directors as follows: 1. Article 3 concerning the minimum and maximum share capital was removed. 2. Article 4 concerning the nominal value of the Company's share was removed. 3. Article 7 shall be amended so that the right to sign for the Company was changed into authorization to represent the Company. 4. Article 10 concerning the Annual General Meeting was amended to correspond to the new Companies Act. 5. Article 14 concerning the obligation to redeem shares was removed and replaced by a reference to Article 6:10 of the Securities Markets Act containing regulations on obligation to redeem shares. Repurchase of company shares The Annual General Meeting authorized the Board of Directors to decide on the repurchase of the Company's own shares up to a maximum of 5,000,000 shares. The shares can be acquired using the Company's non-restricted equity otherwise than in proportion to the holdings of the shareholders through public trade on the Helsinki Stock Exchange at the applicable quoted price. The proposal by the Board to the Annual General Meeting was approved as such. The authorization is valid until April 30, 2008. Share Issue The Annual General Meeting authorized the Board of Directors to decide on issuing up to a maximum number of 6,800,000 new shares and on conveying up to a maximum number of 5,000,000 of the own shares held by the Company, either against payment or for free. The new shares can be issued and the own shares held by the Company conveyed to the Company's shareholders in proportion to their present holding or by means of a directed issue, deviating from the pre-emptive subscription rights of the shareholders, if there is a weighty financial reason for the Company to do so. The Board of Directors was authorized to decide on a free share issue also to the Company itself. The number of shares to be issued to the Company shall not exceed 5,000,000 including the number of own shares acquired by the Company by virtue of the authorization to repurchase the Company's own shares. The proposal by the Board to the Annual General Meeting was approved as such. The authorization is valid until April 30, 2008. Board of Directors' composition The Annual General Meeting elected the following persons as the members of the Board of Directors: Mr. William Chisholm, Mr. Bertrand Sciard, Mr. Peter Titz and Mr. Pekka Vennamo. The meeting decided that the Chairman of the Board of Directors will be paid a monthly fee of EUR 3,500.00 and the other ordinary members of the Board will be paid a monthly fee of EUR 2,500.00. Auditors Ernst & Young Oy was re-appointed to be the company's auditor, under the supervision of principal auditor Tomi Englund (APA). Aldata Solution Oyj Board of Directors More information: Aldata Solution Oyj, Markus Kivimäki, Vice President, Legal Affairs, tel. +33 671 42 86 83 Aldata in brief Aldata Solution is one of the global leaders in supply chain software for retail, wholesale and logistics companies. The company's comprehensive range of Supply Chain Management and In-Store solutions enable its more than 300 customers across 50 countries to enhance productivity, profitability, performance and competitiveness. Aldata develops and supports its software through more than 600 Aldata professionals and a global partner network. Aldata is a public company quoted on the Helsinki Stock Exchange with the identifier ALD1V. More information at: www.aldata-solution.com. Distribution: Principal media Helsinki Stock Exchange
DECISIONS OF THE 2007 ANNUAL GENERAL MEETING OF ALDATA SOLUTION OYJ
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