Verkkokauppa.com Oyj Company release August 19, 2015 3:30 p.m.
The Extraordinary General Meeting of Verkkokauppa.com Oyj (the "Company") held today:
- Approved the proposal concerning the number of members of the Board of Directors
- Elected Minna Kurunsaari as a new member of the Board of Directors in addition to the current members of the Board of Directors
- Minna Kurunsaari will participate in the Board work as of this day
- Approved the share split, where five (5) new shares will be issued for each currently existing share
The following matters were discussed at the Verkkokauppa.com EGM held today in Helsinki:
Composition of the Board of Directors
The Board of Directors was resolved to have seven (7) members. Minna Kurunsaari was elected as a new member of the Board of Directors in addition to the current members of the Board of Directors for a term beginning at the close of the Extraordinary General Meeting and ending at the close of the next Annual General meeting.
Share split, i.e. increasing the number of shares through a share issue without payment
The number of shares in the company be increased by issuing new shares to the shareholders without payment in proportion to their holdings so that five (5) new shares will be given for each currently existing share. After the share issue, there will be a total of 45,065,130 shares.
The share issue will be implemented in the book-entry system and does not require measures by the shareholders. The shareholders who are registered in the company's shareholder register on the record date of the share issue, August 21, 2015, are entitled to shares. The new shares will produce shareholder rights as of the registration of the share issue. The new shares are planned to be admitted to trading and entered into the book-entry system on or about August 24, 2015.
For more information, please contact:
Samuli Seppälä, CEO
e-mail samuli.seppala@verkkokauppa.com
Tel. +358 10 309 5555
Jussi Tallgren, CFO
e-mail jussi.tallgren@verkkokauppa.com
Tel. +358 10 309 5555
Certified adviser Nordea Bank Finland Plc
Tel. +358 9 165 59750 or +358 9 165 59794