Decisions of the General Meeting of Cencorp Corporation

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Cencorp Corporation   Stock Exchange Release, 4 December 2013 at 12.50 Finnish time

 

Decisions of the General Meeting of Cencorp Corporation

          

The Extraordinary General Meeting of Cencorp Corporation held today, authorized the Board of Directors of the company to decide on a share issue to the shareholders of the company and to the holders of the convertible bonds of the company, either in one or in several occasions, so that the maximum number of new shares to be issued based on the authorization is 510 000 000 new shares of the company. The Board of Directors is entitled to resolve on any other terms and conditions of the share issue.

 

The authorization is in force until further notice, however, in maximum for five years as of the resolution of the General Meeting. The authorization does not revoke the earlier authorizations. 

 

In Mikkeli, on December 4th, 2013

 

CENCORP CORPORATION

THE BOARD OF DIRECTORS

 

 

For more information:

Iikka Savisalo

President and CEO

Cencorp Oyj

Tel. +358 40 521 6082, Email: iikka.savisalo@cencorp.com

 

 

Distribution:

NASDAQ OMX, Helsinki

Main media

www.cencorp.com

 

Cencorp Corporation is a leading provider of industrial automation solutions. The equipment included in the product portfolio designed for depaneling, odd-form assembly, testing and laser materials processing substantially improves the efficiency of customers' production. Cencorp has selected clean technology as its other business segment, especially photovoltaic solutions. Cencorp manufactures and sells photovoltaic modules, based on Cencorp´s own technology, key components of photovoltaic modules as well as their manufacturing technology. The product range also includes EMI shielding solutions, RFID antennas, other flexible circuits including for example conductive back sheets used in photovoltaic modules and mobile phone antennas. Cencorp's head office is located in Mikkeli, Finland. The company is part of the Finnish Savcor Group.