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ReleasesThis is a correction of the announcement from 09:02 16.02.2011 EET. Reason for
the correction: The following sentence:
Proposals to amend the Articles of Association, has been deleted from the
bulletin.
Solteq Plc Stock Exchange Bulletin 16.2.2011
Shareholders of Solteq Plc are hereby invited to the Annual General Meeting of
Shareholders to be held on 16 March 2011 at 3 p.m. in the Company's premises,
address Eteläpuisto 2, Tampere.
MATTERS ON THE AGENDA OF THE GENERAL MEETING:
A) Matters pertaining to the Annual General Meeting of Shareholders under
Section 12 of the Articles of Association and the Companies Act.
In addition to the matters under Section 12 of the Articles of Association and
the Companies Act, the agenda will comprise ordinary actions required for the
organization of a General Meeting.
As a non-decisive matter, the agenda includes a review by the CEO in connection
with the presentation of the annual report.
Proposal on election of members of the Board of Directors:
Shareholders representing more than 50 percent of the Company's total shares
have announced that they propose to the General Meeting that five members of the
Board of Directors shall be elected and that of the current Board members Ali U.
Saadetdin, Seppo Aalto, Markku Pietilä, Sirpa Sara-aho and Jukka Sonninen shall
be re-elected.
Veli-Pekka Jokiniva has informed that he is not available for the Solteq Plc's
Board of Directors. Jokiniva has acted as a member of the Board since 2003.
Resolution on the use of the profit
The Board of Directors proposes to the General Meeting that no dividend will be
paid from the financial year ended on 31.12.2010.
B) Other proposals by the Board of Directors to the General Meeting
Authorizing the Board of Directors to decide on the purchase of the Company's
own shares
The Board of Directors proposes that the Board of Directors is authorized to
decide on the purchase of the Company's own shares so that the total number in
the Company's possession shall not exceed 10 percent of all shares of the
Company. The shares can be purchased to improve the capital structure, to be
used as a part of remuneration of personnel, to finance and execute business
acquisitions and other business arrangements or to be further transferred or
cancelled, and they can be purchased otherwise than in proportion to the
shareholdings of the shareholders. The shares shall be purchased through public
trading.
The authorization is proposed to be effective until the next Annual General
Meeting.
The Board proposes at the Annual General Meeting that the loss of 3,412,908.22
euros in accordance with Solteq's 31/12/2010 balance sheet be covered by the
fund for invested unrestricted equity.
DOCUMENTS OF THE GENERAL MEETING
The annual report and other documents of the General Meeting will be available
from 23.2.2011 in Company's premises in Tampere, address Eteläpuisto 2, 33200
Tampere. Copies of these documents will be sent to shareholders upon request.
The documents are also available on the Company's website
/annual-reports no later than 23.2.2011.
INSTRUCTIONS FOR THE PARTICIPANTS IN THE GENERAL MEETING
The right to participate and registration
Each shareholder who latest on 4.3.2011 is registered in the shareholders'
register held by Euroclear Finland Oy has the right to participate in the
General Meeting.
A shareholder who wants to participate in the General Meeting shall register for
the meeting no later than on Monday 11.3.2011 at 4 p.m.by giving a prior notice
of participation. Such notice can be given by regular mail to Solteq Plc,
Eteläpuisto 2, 33200 Tampere, by telephone +358 40 8444 202, by telefax
+358 20 1444 222 or by e-mail to katiye.saadetdin@solteq.com.
In connection with the registration, a shareholder shall notify his/her name,
personal identification number or business identity code, address, telephone and
the name of possible assistant or proxy representative and the personal
identification number of a proxy representative.
All registrations shall arrive prior to the registration deadline.
Possible proxy documents shall be delivered at registration.
Holders of nominee registered shares
A holder of nominee registered shares who wants to participate in the General
Meeting shall be entered into the temporary shareholders' register on the record
date of 4.3.2011.
A holder of nominee registered shares is advised to request necessary
instructions regarding the registration in the shareholders' register, the
issuing of proxy documents and registration for the General Meeting from his/her
custodian bank. The account management organization of the custodian bank will
register a holder of nominee registered shares into the temporary shareholders'
register of the Company at the latest on 11.3.2011 at 10 a.m.
Other information
Pursuant to Chapter 5, Section 25 of the Companies Act, a shareholder present at
the General Meeting has the right to request information with on matters dealt
with at the meeting.
On the date of this notice 15.2.2011, the total number of shares and votes in
Solteq Plc is 12.148.429. The Company holds 539.281 treasury shares, in respect
of which voting rights cannot be used at the General Meeting.
Tampere, February 15, 2011
Solteq Plc
Board of Directors
For further information, please contact:
Ali U. Saadetdin, Chairman of the Board
Tel +358 20 1444 201 or Tel +358 40 8444 201,
email ali.saadetdin@solteq.com
Repe Harmanen, CEO
Telephone +358 400 467 717
E-mail repe.harmanen@solteq.com
Distribution:
NASDAQ OMX Helsinki
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