Helsinki, Finland, 2013-01-16 07:00 CET (GLOBE NEWSWIRE) -- Ixonos Plc          Stock Exchange Release          16 January 2013 at 08:00


 

The shareholders of Ixonos Plc decided yesterday 15 January 2013 in Extraordinary General Meeting, according the proposal of the Board of Directors, to authorise the Board to decide on a rights issue and on issuing stock options and other special rights entitling to shares pursuant to chapter 10, section 1 of the Limited Liability Companies Act (624/2006) as well as on transferring treasury shares in one or more lots under the following terms:

The number of shares to be issued or transferred under the authorisation may not exceed 40 000 000, which is equivalent to approximately 265 per cent of all company shares at the time of convening the General Meeting.

The authorisation may be used to finance corporate acquisitions or other investments related to the operations of the company, to strengthen the company’s balance sheet and financial position or for other purposes decided by the Board of Directors, except to implement staff loyalty or incentive-option schemes.

Within the limits of the authorisation, the Board of Directors may decide on all terms of the rights issue, of the issue of special rights entitling to shares and of the treasury share transfers.

The Board of Directors is entitled to decide on crediting the subscription price to the share capital or, entirely or partly, to the invested non-restricted equity fund.

Shares as well as special rights entitling to shares may also be issued, and treasury shares may be transferred, in a way that deviates from the pre-emptive rights of shareholders, if a weighty financial reason for this exists as laid out in the Limited Liability Companies Act.

The authorisation, which would not revoke any previous share issue authorisations, is proposed to be effective until the Annual General Meeting 2013.

The decision requires a qualified majority of at least two thirds of the votes cast and shares represented at the meeting.

Helsinki, 16 January 2013                                                

IXONOS PLC                                                                      

Board of Directors

For additional information, please contact:

Ixonos Plc, Timo Leinonen, CFO, tel. +358 400 793 073, timo.leinonen@ixonos.com

Distribution:

NASDAQ OMX Helsinki

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