The Annual General Meeting of Amanda Capital Plc, held today in Helsinki,
handled the following matters:
The Financial Statement of Amanda Capital Group for year 2007 was approved and
the persons responsible were discharged from the liability for the financial
period.
Payment of dividends
According to the proposal of the Board of Directors it was decided that a
dividend of EUR 0.22 per share and an additional dividend of EUR 0.15 per share
will be distributed for 22,767,746 shares, all together EUR 8,424,066.02. The
matching day is 18 March, 2008 and the payment for the dividend is 27 March,
2008.
Composition of the Board of Directors and remuneration
The following persons were re-elected to the Board of Directors for the next
term of office: Peter Fagernäs, Esa Karppinen, Pertti Laine, Petri Niemisvirta
and Topi Piela. Mr. Esa Karppinen was elected as a Chairman of the Board.
The Annual General Meeting decided that a remuneration of EUR 1 500 per month
will be paid to the Chairman of the Board and EUR 1 000 per month will be paid
to the members of the Board of Directors.
Auditor
The Authorised Public Accounting Firm Ernst & Young Oy, with Kunto Pekkala, APA,
as the auditor in charge was appointed as auditor of the company.
The authorisation of the Board of Directors to resolve to acquire and transfer
the company's own shares
The Annual General Meeting decided to authorise the Board to resolve to acquire
and transfer the company's own shares subject to the following provisions:
The authorization would apply to a maximum of 2,200,000 company's own shares
which can be acquired in one or more installments with company's unrestricted
shareholders' equity. The aggregate amount of the acquired shares would be less
than 10 percent of the total share capital of the company. The shares would be
acquired for the purposes of developing the capital structure of the company or
for nullification or to be used in possible incentive and compensation schemes,
or as a consideration in business acquisitions and other arrangements. The
shares would be purchased through OMX Nordic Exchange in Helsinki based on the
price in the public trading. The purchase price would be paid to the sellers in
accordance with the rules of OMX and the payment schedule determined by the
rules of Finnish Central Securities Depository.
It was also decided to authorise The Board of Directors to dispose the company's
own shares (share issue) in one or more installments by a maximum of 2,200,000
shares. The disposal would deviate from the shareholders pre-emptive right to
purchase the company's own shares. The Board of Directors decides on the terms
of the disposal. The shares can be used as consideration in business
acquisitions and other arrangements in the manner and within the scope
determined by the Board of Directors. The shares can also be used as a part of
possible personnel incentive and compensation schemes and for extending the
shareholder base.
The authorisation is valid until the next Annual General Meeting, but will
terminate at the latest on 31 May, 2009.
The Annual Report
The Annual Report of Amanda Capital Plc for the year 2007 has been published at
the company's website www.amandacapital.fi.
Amanda Capital Plc
Board of Directors
DISTRIBUTION
OMX Nordic Exchange in Helsinki
www.amandacapital.fi
The Amanda Group is a private equity management company. Its parent company is
the first publicly listed private equity fund of funds in Scandinavia. Amanda
has investments in 24 private equity funds and in four funds of funds under
Amanda's own management.
Amanda Group is one of Finland's largest management companies of private equity
fund investments. It manages several private equity fund portfolios under
consultancy agreements and six private equity funds of funds with several
domestic and international institutions as investors. Amanda Group currently has
EUR 2.3 billion of assets under management (original investment commitments)
with which it has made investments in more than 100 private equity funds in
Europe, the US, Asia, and Russia.