Kasola Plc STOCK EXCHANGE RELEASE 22 NOVEMBER 2007
DEMAND FOR AN EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
John Nurminen Ltd and certain major shareholders of Kasola Plc, controlling a
total of approximately 59.63 per cent of the shares of the company, have by a
written notice demanded that an Extraordinary General Meeting of Kasola Plc be
convened to decide on the amount of members of the Board of Directors of Kasola
Plc and the appointment of a new Board of Directors. The purpose of the notice
is to appoint a new Board of Directors, the term of which is to commence without
delay after the implementation of the full demerger of John Nurminen Ltd
according to the general agreement signed between John Nurminen Ltd, the major
shareholders of Kasola Plc and for some parts, Kasola Plc on 7 September 2007,
for the company. The estimated date of the implementation is 1 January 2008.
According to the notice, the new Board of Directors is proposed to include at
least the current members of the Board of Directors of John Nurminen Ltd Juha
Nurminen, Matti Lainema, Matti Packalén, Rolf Saxberg and Olli Pohjanvirta. The
aforementioned persons have given their approval for the appointment.
According to Chapter 5 Section 4 of the Limited Liability Companies Act an
Extraordinary General Meeting shall be held if shareholders with a total of one
tenth of all shares or a smaller proportion as provided in the Articles of
Association, so demand in writing in order for a given matter to be dealt with.
In a public company the notice shall be delivered within one month of the
arrival of the demand.
KASOLA PLC
Tapani Väljä
Managing Director
Further information:
Tapani Väljä
Managing Director
Kasola Plc
telephone 0400-505 078
email: tapanivalja.kasola@kaso.fi
www.kasola.fi
DISTRIBUTION
Helsinki Stock Exchange
Central Media