PKC GROUP OYJ STOCK EXCHANGE RELEASE 27 March 2008 5.00 pm
The Annual General Meeting of PKC Group Oyj held on 27 March 2008 adopted the
financial statements with the consolidated financial statements and resolved to
pay a dividend of EUR 0.45 per share. The Board members and the President & CEO
were discharged from liability for 2007.
Dividend distribution
The Annual General Meeting resolved, in accordance with the Board of Directors'
proposal, to pay a dividend of EUR 0.45 per share i.e. a total of about EUR 8
million. Dividends will be paid to shareholders who are registered on the record
day on 1 April 2008 as shareholders in the company's shareholder register held
by Finnish Central Securities Depository Ltd. The dividends will be paid on 8
April 2008.
Board of directors and auditor
The number of Board members was confirmed to be 7. Matti Eestilä, Jaakko
Niemelä, Endel Palla, Olli Pohjanvirta, Matti Ruotsala, Harri Suutari and Jyrki
Tähtinen were re-elected as Board members. It was decided to pay the Chairman
EUR 50,000 per term, Vice-Chairman EUR 37,500 per term and other members EUR
25,000 per term as well as travel and accommodation expenses related to Board
meetings.
Ernst & Young Oy, authorised public accounting firm, with Rauno Sipilä,
authorised public accountant, as responsible auditor, will continue as auditor.
Auditor's fees and travel expenses are paid in accordance with reasonable
invoice.
In the Board of Directors' organisation meeting Harri Suutari was appointed as
the Chairman and Jyrki Tähtinen as Vice-Chairman. The Board evaluated the
independence of its members and, according to evaluation, the majority of all
directors (5 members: Eestilä, Niemelä, Pohjanvirta, Ruotsala and Tähtinen) are
independent of the company and of its significant shareholders.
The minutes of the Annual General Meeting will be available at the company's
website.
PKC Group Oyj
Board of Directors
Mika Kari
President & CEO
For additional information, contact
Harri Suutari, Chairman of the Board of Directors, PKC Group Oyj, + 358 400
384 937
Mika Kari, President & CEO, PKC Group Oyj, +358 20 1752 350
Distribution
OMX Nordic Exchange Helsinki
Main media
www.pkcgroup.com
The PKC Group offers design and contract manufacturing services for wiring
harnesses, cabling and electronics. The Group has production facilities in
Finland, Brazil, China, Mexico, Estonia and Russia, and employs over 5,300
people. The Group's net sales in 2007 totalled EUR 288.6 million. PKC Group Oyj
is listed on the OMX Nordic Exchange Helsinki.