Decisions of Aspocomp Group Plc's Annual General Meeting 2023 and Board of Directors' organization meeting
April 20 2023 - 5:10AM
Decisions of Aspocomp Group Plc's Annual General Meeting 2023 and
Board of Directors' organization meeting
Aspocomp Group Plc, Stock exchange release, April 20, 2023, at
12:10 p.m. (EEST)
DECISIONS OF THE ANNUAL GENERAL MEETING 2023 The Annual
General Meeting of Aspocomp Group Plc held on April 20, 2023,
adopted the annual accounts and the consolidated annual accounts as
well as granted the members of the Board of Directors and the CEO
discharge from liability regarding the financial period 2022. The
Annual General Meeting approved the Remuneration Report for the
governing bodies 2022. The Annual General Meeting decided to pay a
dividend of EUR 0.21 per share, as proposed by the Board of
Directors. The dividend will be paid to shareholders registered in
the company's register of shareholders maintained by Euroclear
Finland Ltd on the record date of the dividend distribution, April
24, 2023. The dividend will be paid on May 2, 2023. The Annual
General Meeting decided to set the number of Board members at four
(4) and re-elected the current members of the Board Ms. Päivi
Marttila, Ms. Kaarina Muurinen, Mr. Jukka Huuskonen and Mr. Anssi
Korhonen for a term of office ending at the closing of the
following Annual General Meeting. The Annual General Meeting
re-elected PricewaterhouseCoopers Oy, Authorized Public
Accountants, as the company's auditor for a term of office ending
at the closing of the following Annual General Meeting.
PricewaterhouseCoopers Oy has notified that Mr. Tuukka Kiuru,
Authorized Public Accountant, will act as the principal auditor.
The Annual General Meeting decided that the amount of remuneration
payable to the Board of Directors remain the same as in the ending
term and thus the chairman of the Board of Directors will be paid
EUR 30,000, the vice chairman of the Board of Directors be paid EUR
20,000 and the other members will be paid EUR 15,000 each in
remuneration for their term of office. The Annual General Meeting
further decided that EUR 1,000 will be paid as remuneration per
meeting to the chairman and that the other members be paid EUR 500
per meeting of the Board of Directors and its committees. The
members of the Board of Directors will further be reimbursed for
reasonable travel costs. It was decided that the auditor’s fees
will be paid in accordance with the auditor’s invoice. The Annual
General Meeting decided to authorize the Board of Directors, in one
or more installments, to decide on the issuance of shares and the
issuance of options and other special rights entitling to shares
referred to in Chapter 10 Section 1 of the Companies Act as
follows: The number of shares to be issued based on the
authorization may in total amount to a maximum of 684,144 shares.
The Board of Directors decides on all the terms and conditions of
the issuances of shares and of options and other special rights
entitling to shares. The authorization concerns both the issuance
of new shares as well as own shares possibly held by the company.
The issuance of shares and of options and other special rights
entitling to shares referred to in Chapter 10 Section 1 of the
Companies Act may be carried out in deviation from the
shareholders’ pre-emptive rights (directed issue). The
authorization cancels the authorization given by the Annual General
Meeting on April 26, 2022, to decide on the issuance of shares as
well as the issuance of special rights entitling to shares. The
authorization is valid until June 30, 2024. The Annual General
Meeting decided to amend the company’s Articles of Association to
enable convening a General Meeting as a virtual meeting without a
meeting venue as an alternative to a customary general meeting or a
hybrid meeting. The Finnish Companies Act requires that
shareholders can exercise their full rights in virtual meetings,
with equal rights to those in customary in-person General Meetings.
The 9 § of the company’s Articles of Association reads as follows:
“9 § The General Meeting shall be held in Helsinki or Espoo. The
Board may decide that the General Meeting is arranged without a
meeting venue in a manner where shareholders exercise their full
decision-making powers in real time during the General Meeting
using telecommunications and technical means (virtual meeting). In
order to exercise his right to speak and vote at the General
Meeting, a shareholder must register in the manner specified in the
invitation to the meeting. The closing date for registration shall
be no sooner than ten days before the meeting.” The minutes of the
Annual General Meeting are available on the company’s website at
www.aspocomp.com/agm starting from May 4, 2023 at the latest.
THE BOARD OF DIRECTORS' ORGANIZATION MEETING In its
organization meeting held after the Annual General Meeting, the
Board of Directors of Aspocomp Group Plc re-elected Ms. Päivi
Marttila as the Chairman of the Board. Ms. Kaarina Muurinen was
re-elected as the Vice Chairman. The Board of Directors did not
establish an Audit Committee, the Board itself performs the duties
of the Audit Committee. The Board of Directors has at its meeting
evaluated the independence of the Board members in compliance with
the recommendations of the Finnish Corporate Governance Code. It is
the view of the Board of Directors that all Board members are
independent of the company's major shareholders. The Board of
Directors has also assessed that all the Board members are
independent of the company. For further information, please contact
Mikko Montonen, President and CEO, tel. +358 40 5011 262,
mikko.montonen(at)aspocomp.com. ASPOCOMP GROUP PLC Mikko Montonen
President and CEO Aspocomp – heart of your technology A
printed circuit board (PCB) is used for electrical interconnection
and as a component assembly platform in electronic devices.
Aspocomp provides PCB technology design, testing and logistics
services over the entire lifecycle of a product. The company’s own
production and extensive international partner network guarantee
cost-effectiveness and reliable deliveries. Aspocomp’s customers
are companies that design and manufacture telecommunication systems
and equipment, automotive and industrial electronics, and systems
for testing semiconductor components for security technology. The
company has customers around the world and most of its net sales
are generated by exports. Aspocomp is headquartered in Espoo and
its plant is in Oulu, one of Finland’s major technology hubs.
www.aspocomp.com
Aspocomp Group Oyj (LSE:0DG8)
Historical Stock Chart
From Jun 2024 to Jul 2024
Aspocomp Group Oyj (LSE:0DG8)
Historical Stock Chart
From Jul 2023 to Jul 2024