Helsinki, Finland, 2015-03-27 15:15 CET (GLOBE NEWSWIRE) --
Talentum Oyj Stock exchange release 27 March 2015 at 4.15 p.m.
Resolutions of Talentum's Annual General Meeting
The Annual General Meeting of Talentum Oyj was held on 27 March 2015. 65.4% of shares were represented.
1
The Annual General Meeting approved the financial statements for the financial year
January 1 - December 31, 2014 and discharged the Board of Directors and the Managing Director from liability.
2
The Annual General Meeting decided according to the Board proposal, that a dividend in the amount of EUR 0.05 to be distributed for the financial period from January 1, 2014 to December 31, 2014. The record date is 31 March 2015 and the date of payment is 9 April 2015.
3
The Annual General Meeting decided the number of the members of the Board of Directors to be five. As members of the Board of Directors were re-elected Joachim Berner, MBA, BBA; Atte Palomäki, M.Sc. (Eng.); Mitti Storckovius, Head of Global Business Management; Kai Telanne, President and CEO; and Henri Österlund, CEO. Kai Telanne was re-elected the Chairperson of the Board and Henri Österlund the Vice Chairperson. The Annual General Meeting resolved that the remuneration payable to the members of the Board of Directors are annual remunerations, EUR 48,000 for the Chairperson, EUR 30,000 for the Vice Chairperson and EUR 24,000 for other members of the Board of Directors. Approximately 40% of the annual remuneration will be used in acquiring Talentum Oyj's shares into the Board members' accounts. The part of the remuneration paid in shares can also be settled by conveying own shares held by the company. In the event, that the purchase of shares cannot be implemented due to a cause by the company or a board member or any other reason, the annual remuneration will be paid in money.
4
Authorized Public Accountant firm PricewaterhouseCoopers Oy was re-elected as the auditor, with Samuli Perälä, APA, as the responsible auditor.
5
The Annual General Meeting decided to authorize The Board of Directors to decide on acquisition of Talentum Oyj's own shares a maximum of 3,500,000 shares, which correspond to approximately eight (8) per cent of the issued shares of the company. The authorization remains in force until June 30, 2016.
6
The Annual General Meeting decided to authorize the Board of Directors to decide on a share issue including the conveyance of own shares, and issue of special rights. Based on the authorizations a maximum of 3,500,000 new shares may be issued and/or own shares possessed by the company may be conveyed, which corresponds to approximately eight (8) per cent of the issued shares of the company. The authorizations remain in force until June 30, 2016.
7
The Annual General Meeting decided to authorize the Board of Directors to decide on the distribution of additional dividend from the retained earnings and/or distribution of assets from the reserve of invested unrestricted equity or both so that the distribution of dividend and/or other distribution of assets based on the authorization is in total a maximum of EUR 0.20 per share. The distribution of additional dividend and/or other distribution of assets can be made in one or more instalments. The authorizations remain in force until the beginning of the next Annual General Meeting. The Annual General Meeting decided to authorize the Board of Directors to decide otherwise on all the conditions regarding the distribution of additional dividend and/or other distribution of assets.
TALENTUM OYJ
Lasse Rosengren General Counsel
FURTHER INFORMATION
CEO Aarne Aktan, tel. + 358 40 342 4440
DISTRIBUTION
NASDAQ OMX Helsinki
Principal media
www.talentum.com