Use of the profit shown on the balance sheet
The AGM resolved that that a dividend of
Adoption of the remuneration report of the governing bodies
The AGM adopted the remuneration report of the governing bodies.
Remuneration of the Board of Directors
The AGM resolved that the members of the Board of Directors shall be paid the following remuneration: To the Chairman of the Board of Directors
The member of the Board of Directors elected Chairman of the Audit Committee shall receive an additional compensation of
The remuneration is paid in cash and reasonable travel expenses will be refunded in as invoiced.
Composition of the Board of Directors
The AGM resolved that the number of members of the Board of Directors shall be eight (8). All current members of the Board of Directors, i.e.,
Election and remuneration of Auditor
The AGM re-elected the firm of authorised public accountants
Authorisation to resolve on the issuance of shares and special rights entitling to shares
The AGM authorised the Board of Directors to resolve on the issuance of shares, as well as the issuance of option rights and other special rights entitling to shares pursuant to Chapter 10 of the Finnish Companies Act as follows:
Under the authorisation, a maximum of 4,900,000 shares can be issued, which corresponds to approximately 10 percent of all Adapteo's shares at the time of the resolution. The shares or special rights entitling to shares can be issued in one or more tranches, either against or without payment. The shares issued under the authorisation can be new shares or shares in Adapteo's possession.
The authorisation can be used for the financing or execution of acquisitions or other business arrangements, to strengthen the balance sheet and financial position of the company, for implementing the company's share-based incentive plans, or for other purposes determined by the Board of Directors.
Under the authorisation, the Board of Directors may resolve upon issuing new shares, without consideration, to Adapteo itself. However, Adapteo, together with its subsidiaries, may not at any time own more than 10 percent of all shares in Adapteo.
The Board of Directors is authorised to resolve on all terms for share issues and granting of special rights entitling to Adapteo shares. The Board of Directors is authorised to resolve on a directed share issue and issuance of special rights entitling to shares in deviation from the shareholders' pre-emptive right, provided that there is a weighty financial reason for Adapteo to do so.
The authorisation is valid until the end of the next AGM, however, no longer than until
Authorisation to resolve on the acquisition of Adapteo's own shares and on acceptance as pledge of Adapteo's own shares
The AGM authorised the Board of Directors to resolve on the acquisition of Adapteo's own shares and on the acceptance as pledge of Adapteo's own shares as follows:
The total number of own shares to be acquired or accepted as pledge shall not exceed 100,000 shares in total. Adapteo together with its subsidiaries may not at any moment own and/or hold as pledge more than 10 percent of all the shares in Adapteo. Only the unrestricted equity of Adapteo can be used to acquire own shares on the basis of the authorisation.
Own shares can be acquired, in one or several instalments, at a price formed in public trading on the regulated market on which Adapteo's shares are traded on the date of the acquisition or otherwise at a price formed on the market.
The Board of Directors decides how own shares will be acquired and accepted as pledge. Own shares can be acquired using derivatives, among other things. Own shares can be acquired otherwise than in proportion to the shareholdings of the shareholders (directed acquisition).
Own shares can be acquired and accepted as pledge to, among other things, limit the dilutive effects of share issues carried out in connection with possible acquisitions, to develop Adapteo's capital structure, to be transferred in connection with possible acquisitions, to be used in incentive arrangements or to be cancelled, provided that the acquisition is in the interest of Adapteo and its shareholders.
The authorisation is valid until the end of the next AGM, however no longer than until
AGM minutes
The minutes of the AGM will be available on the company's website https://www.adapteogroup.com/ as from
Decisions by the Board of Directors
In its organisation meeting held after the AGM, the Board of Directors decided to appoint from among its members the following members to its committees:
Audit Committee:
Remuneration Committee:
For additional information, please contact
Adapteo in brief
Adapteo is a leading flexible real estate provider in
Adapteo is listed on Nasdaq Stockholm and operates in
www.adapteogroup.com
https://news.cision.com/adapteo-group/r/decisions-taken-by-adapteo-plc-s-annual-general-meeting-and-board-of-directors,c3328453
https://mb.cision.com/Main/18348/3328453/1403716.pdf
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