Resolutions of the Aspo Annual Shareholders’ Meeting
April 08 2021 - 07:00AM
Resolutions of the Aspo Annual Shareholders’ Meeting
Aspo PlcStock Exchange ReleaseApril 8, 2021 at 2 p.m.
Resolutions of the Aspo Annual
Shareholders’ Meeting
The Annual Shareholders' Meeting of Aspo Plc was held today on
April 8, 2021 in Helsinki. For the purpose of preventing the spread
of the coronavirus pandemic, the Annual Shareholders’ Meeting was
held without shareholders’ and their proxy representatives’
presence at the venue of the meeting. The Annual Shareholders'
Meeting of Aspo Plc approved the company's and consolidated
financial statements 2020 and discharged the members of the Board
of Directors and the CEO from the liability. The shareholders
approved the payment of a dividend totalling EUR 0.35 per
share.
The dividend will be paid in two instalments. The record date
for the first instalment of EUR 0.18 per share will be April 12,
2021 and the payment date will be April 19, 2021. The second
instalment of EUR 0.17 per share will be paid in November 2021 to
shareholders who are registered in the shareholders' register
maintained by Euroclear Finland Oy on the record date. At its
meeting to be held on October 27, 2021, the Board of Directors will
decide on the record and payment dates of the second instalment, in
accordance with the rules of the Finnish book-entry securities
system. According to the current system, the dividend record date
would be October 29, 2021 and the payment date would be November 5,
2021.
The Annual Shareholders’ Meeting also adopted the Company’s
Remuneration Report and Remuneration Policy, as proposed by the
Board of Directors.
Board of Directors and Auditor
The meeting confirmed the number of Board members at six. Mammu
Kaario, Mikael Laine, Salla Pöyry, Tatu Vehmas and Heikki
Westerlund were re-elected to the Board of Directors. Patricia
Allam was elected as a new member of the Board. At the Board's
organizing meeting held after the Annual Shareholders' Meeting,
Heikki Westerlund was elected as Chairman of the Board and Mammu
Kaario as Vice Chairman. At the meeting the Board decided to
appoint Heikki Westerlund as Chairman of the Remuneration
Committee, and Salla Pöyry and Tatu Vehmas as committee members. At
the meeting the Board also decided to appoint Mammu Kaario as
Chairman of the Audit Committee, and Patricia Allam, Mikael Laine
and Tatu Vehmas as committee members.
The Authorized Public Accountant firm Deloitte Oy was re-elected
as company auditor. Deloitte Oy has announced that Jukka
Vattulainen, APA, will act as the auditor in charge. The
remuneration shall be paid to the auditor according to the accepted
invoice.
Remuneration of the members of the Board of Directors
and the Committees
The Annual Shareholders' Meeting approved that EUR 5,400 be paid
per month for the Chairman of the Board of Directors, EUR 4,050 per
month for the Vice Chairman and EUR 2,700 per month for the other
members of the Board of Directors.
The Annual Shareholders' Meeting approved that the following
remuneration be paid to the members of the Audit Committee as well
as to the members of the Remuneration Committee. The shareholders
approved that EUR 1,050 per meeting be paid for the Chairman of the
committee and EUR 700 per meeting be paid for the committee
members. If the Chairman of the committee is also the Chairman or
the Vice Chairman of the Board of Directors, the fee paid to the
Chairman of the committee is the same as that paid to members of
the committee.
Board members having a full-time position in an Aspo Group
company are not paid a fee.
Authorization of the Board of Directors to decide on the
acquisition of treasury shares As proposed by the Board of
Directors, the Annual Shareholders’ Meeting authorized the Board of
Directors to decide on the acquisition of no more than 500,000 of
the treasury shares. The authorization includes the right to accept
treasury shares as a pledge. The authorization is valid until the
Annual Shareholders’ Meeting in 2022 but not more than 18 months
from the approval at the Shareholders’ Meeting.
Authorization of the Board of Directors to decide on a
share issue of treasury shares As proposed by the Board of
Directors, the Annual Shareholders´ Meeting authorized the Board of
Directors to decide on a share issue, through one or several
installments, to be executed by conveying treasury shares. An
aggregate maximum amount of 900,000 shares may be conveyed based on
the authorization. The authorization is valid until the Annual
Shareholders’ Meeting in 2022 but not more than 18 months from the
approval at the Shareholders’ Meeting. Authorization of the
Board of Directors to decide on a share issue of new
shares As proposed by the Board of Directors, the Annual
Shareholders’ Meeting authorized the Board of Directors to decide
on a share issue of new shares against payment. The authorization
includes the right of the Board of Directors to decide on all of
the other terms and conditions of the conveyance and thus also
includes the right to decide on a directed share issue, in
deviation from the shareholders’ pre-emptive right, if a compelling
financial reason exists for the company to do so. The total number
of new shares to be offered for subscription may not exceed
1,500,000. The authorization is valid until the Annual
Shareholders’ Meeting in 2022 but not more than 18 months from the
approval at the Shareholders’ Meeting.
ASPO PLC
Aki Ojanen CEO
Further information:Aki Ojanen, CEO, +358 400 106
592, aki.ojanen@aspo.com DISTRIBUTION: Nasdaq Helsinki Key
media www.aspo.com Aspo is a conglomerate that
owns and develops business operations in Northern Europe and growth
markets, focusing on demanding B2B customers. The aim of our strong
corporate brands – ESL Shipping, Leipurin and Telko– is to be the
market leaders in their sectors. They are responsible for their own
operations, customer relationships, and their development. Together
they generate Aspo’s goodwill.