NEO INDUSTRIAL PLC STOCK EXCHANGE RELEASE 11 September 2014 at 5 pm
DECISIONS BY THE EXTRAORDINARY SHAREHOLDERS´ MEETING OF NEO INDUSTRIAL PLC
The Extraordinary Shareholders´ Meeting of Neo Industrial Plc was held today, 11 September 2014, in Helsinki.
Extraordinary General Meeting authorized the Board to decide on an issue of new class B shares according to the Board of Directors propose. The new class B shares may be issued in deviation from the shareholders´ pre-emptive rights. The maximum number of new class B shares issued may amount to a total of 5,000,000 shares. The maximum number of new class B shares represent approximately 85 % of the present B shares and 83 % of all present shares of the company.
The Board of Directors can use the authorization to finance or implement corporate acquisitions or other arrangements or to other purposes decided by the Board of Directors. The authorization is however not to be used to implement the management´s or key person´s incentive program.
The Board is authorized to decide on all other matters pertaining to the issuance of shares as well as other special rights entitling to shares.
The authorization remains in force at maximum of five (5) years after the decision made by the Extraordinary Shareholders´ Meeting. This authorization does not replace or cancel any earlier authorizations for share issues.
Neo Industrial Plc
The Board of Directors
FURTHER INFORMATION
Jari Salo, Managing Director, tel. +358 207 209 196