AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON THE DISTRIBUTION OF EXTRA DIVIDENDS

OLVI PLC              STOCK EXCHANGE ANNOUNCEMENT 24 MAR 2015

AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON THE DISTRIBUTION OF EXTRA DIVIDENDS

Olvi plc’s Board of Directors proposes that the Annual General Meeting on Thursday, 16 April 2015, would authorise the Board to decide on the distribution of extra dividends.

The extra dividend to be distributed on the basis of the authorisation, as an aggregate total of any separate decisions of distribution, can amount to a maximum of 0.15 euro for each Series A and Series K share, in total a maximum of 3,113,652.60 euro. Extra dividends based on the Board of Directors’ decision will be paid to shareholders registered in the company’s register of shareholders held by Euroclear Finland Ltd on the record date of the dividend payment decided by the Board.

The Board of Directors shall decide on the record date of the dividend payment and the payment date, which may be no earlier than the fifth banking day after the record date. The authorisation includes the right of the Board of Directors to decide on all other terms and conditions related to the distribution of extra dividends referred to in the above.

The authorisation shall remain valid until the commencement of the next General Meeting of Shareholders. No dividend shall be paid on treasury
shares held by the company.

 

Iisalmi, 24 March 2015

Olvi plc
BOARD OF DIRECTORS

Further information:
Lasse Aho,
Managing Director
Olvi plc
phone +358 17 838 5200 or +358 400 203 600

DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Key media
www.olvi.fi