Solteq’s Board of Directors has in its today’s meeting decided to distribute equity from the distributable equity fund. The distribution of equity is based on the authorization granted by the Annual General Meeting on 14.3.2012 and it is made at a rate of 0,03 Euros per share. The date of record of the distribution is 1.10.2012 and the payment date is 8.10.2012.
The authorization the Annual General Meeting granted to the Board of Directors was dated to the moment when the company was negotiating on a significant corporate arrangement and financing of that arrangement. The execution of the corporate arrangement and starting of the common operation during the past spring and summer have proceeded in the way that the Board of Directors sees the distribution of the equity to be possible considering the further implementation of the strategy as planned.
SOLTEQ PLC
Board of Directors
For further information please contact:
Ali U. Saadetdin, Chairman of the Board
Tel +358 20 1444 201 or +358 40 8444 201
e-mail ali.saadetdin@solteq.com
Repe Harmanen, CEO
Tel +358 400 467717
e-mail repe.harmanen@solteq.com
Distribution:
NASDAQ OMX Helsinki
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