Decisions of the Annual General Meeting of Solwers Plc and the organizing meeting of the Board of Directors on 21 April 2022
Solwers Plc, Company Release, 21 April 2022, at 13.00 EEST
The Annual General Meeting of Solwers Plc was held in Espoo on 21 April 2022. The Annual General Meeting confirmed the financial statements, and the members of the Board of Directors and the CEO were discharged from liability for the financial year 1.1.-31.12.2021.
The use of the profit shown on the balance sheet and the payment of dividend
The Annual General Meeting decided that a dividend of EUR 0.04 per share be distributed for the financial year 2021. The dividend will be paid to a shareholder on 2 May 2022 who, on the dividend record date 25 April 2022, is registered in the Company's shareholder register maintained by Euroclear Finland Ltd.
Board of Directors and Auditor
The Annual General Meeting decided that the remuneration of the members of the Board of Directors remain unchanged and that each member (including the Chairman of the Board) be paid a meeting compensation of EUR 2,000 per meeting.
The Annual General Meeting decided that the number of Board members shall be five and re-elected Hanna-Maria Heikkinen, John Lindahl, Mari Pantsar, Emma Papakosta and Leif Sebbas to continue as Board members.
In its organizing meeting after the Annual General Meeting the Board of Directors elected Leif Sebbas as the Chairman of the Board.
The Annual General Meeting decided that the remuneration to the Auditor is paid in accordance with the invoice approved by the Company. Audit firm Revico Grant Thornton Ltd was re-elected as Auditor of the Company. Satu Peltonen, APA, acts as the Responsible Auditor.
Authorising the Board of Directors to decide on the repurchase and on the acceptance as pledge of the Company's own shares
The Annual General Meeting authorized the Board of Directors to decide upon the repurchase and on the acceptance as pledge of a maximum of 1,000,000 of the Company’s own shares in total in one or several tranches. The authorisation entitles the Board of Directors to decide on the repurchase also in deviation from the proportional holdings of the shareholders (directed repurchase). The authorization is valid until the conclusion of the next Annual General Meeting, in any case until no later than 30 June 2023.
Authorising the Board of Directors to decide on the issuance of shares as well as the issuance of options and other special rights entitling to shares
The Annual General Meeting did not authorize the Board of Directors to decide on the issuance of shares or on the issuance of stock options and other special rights entitling to shares.
An authorization of 1,115,263 shares remains from authorization to the Board of Directors granted by the Annual General Meeting on 22 April 2021. This authorization is valid until 30 April 2023.
Minutes of the Annual General Meeting
Advance voting was held on matters 7–16 on the agenda of the Annual General Meeting. The detailed results of the advance voting are recorded in the minutes of the meeting. The minutes of the meeting will be available on the Company’s website at https://solwers.fi/en/for-investors/shareholders/annual-general-meeting-2022/ on 5 May 2022 at the latest.
Solwers Plc
Board of Directors
Further information:
Olli Kuusi, General Counsel, Solwers Plc
+358 400 355 033
