Decisions of the Annual General Meeting of Apetit Plc
APETIT PLC, Stock exchange release, 31 March 2016 at 5:30 p.m.
The Annual General Meeting of 31 March 2016 approved the parent company's financial statements and the consolidated financial statements for the financial year 1 January - 31 December 2015 and discharged the members of the Supervisory Board and Board of Directors and the CEOs from liability. The Annual General Meeting decided to distribute a dividend of EUR 0.70 per share in accordance with the Board proposal
DIVIDEND
The Annual General Meeting decided to distribute a dividend of EUR 0.70 per share based on the adopted balance sheet for 2015. The dividend will be paid on 12 April 2016 to shareholders registered in the company´s register of shareholders kept by Euroclear Finland Ltd on the record date of 4 April 2016. No dividend will be paid on shares held by the company.
AMENDMENTS TO THE ARTICLES OF ASSOCIATION
Article 4
The Annual General Meeting decided to remove Article 4 from the Articles of Association regarding the sugar beet farmer shareholders.
Articles 5 and 8
The Annual General Meeting decided to amend Articles 5 and 8 in such a way that the upper age limit of 68 at the time of election for members of the Supervisory Board and the Board of Directors is removed. In addition, the Annual General Meeting decided to amend Article 8 in such a way that the number of Supervisory Board members is 14–18 and that the sections concerning personnel representatives in Supervisory Board are removed.
Complete Articles of Association approved by the Annual General Meeting can be found from company’s website www.apetitgroup.fi/en.
ELECTION OF THE MEMBERS OF THE SUPERVISORY BOARD, THE MEMBERS OF THE SUPERVISORY BOARD'S NOMINATION COMMITTEE AND THE AUDITORS, AND DECISION ON REMUNERATION
It was confirmed that the Supervisory Board will have 18 members elected by the Annual General Meeting. Six persons were appointed to replace members of the Supervisory Board completing their term. Jussi Hantula, Risto Korpela, Jonas Laxåback and Timo Ruippo were re-elected. Pekka Perälä and Veli-Pekka Suni were elected as new members.
Sauli Lähteenmäki and Jorma Takanen were elected by the Annual General Meeting as the members of the Supervisory Board's Nomination Committee.
Pasi Karppinen, APA, and PricewaterhouseCoopers Oy, Authorized Public Accountants, with Jari Viljanen, APA, as the auditor with principal authority, were appointed as auditors for the period ending with the close of the 2017 Annual General Meeting.
The Annual General Meeting decided that the monthly fee paid to the Supervisory Board’s chairman will be EUR 1,000, and to the deputy chairman EUR 665. The meeting allowance paid to the members of the Supervisory Board and the members of the Supervisory Board’s Nomination Committee will be EUR 300. In addition, compensation for travelling expenses will be paid in accordance with the general travel rules of Apetit Plc. The auditors’ fees will be paid according to an invoice approved by the company.
The minutes of the Annual General Meeting will be available on the company’s website at www.apetitgroup.fi/en, as of 14 April 2016.
APETIT PLC
Juha Vanhainen
CEO
For more information, please contact:
Corporate Counsel Asmo Ritala, tel, +358 10 402 00
Distribution:
Nasdaq Helsinki
Main media
www.apetitgroup.fi
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