Authorisations

Valid authorisations

Kojamo plc’s Annual General Meeting authorised the Board of Directors on 14 March 2019 to decide on the repurchase and/or pledging of a maximum of 24,714,439 of the company’s own shares according to the Board’s proposal. The proposed number of shares corresponds to approximately 10 per cent of the company’s shares. The authorisation is valid until the end of the next Annual General Meeting, however, no longer than until June 30, 2020.

The Board of Directors was authorised to resolve on a share issue and issuance of special rights entitling to shares, as referred to in Chapter 10, Section 1 of the Finnish Limited Liability Companies Act, according to the Board’s proposal. The maximum number of shares issued on the basis of the authorisation is 24,714,439, which corresponds to approximately 10 per cent of the company’s shares. The authorisation can be used to issue new shares as well as transfer shares currently held by the company. The authorisation is valid until the end of the next Annual General Meeting, however, no longer than until 30 June 2020. The authorisation cancels the authorisation given to the Board of Directors by the General Meeting on 15 March 2018 to decide on the share issue and issuance of special rights entitling to shares, as well as the authorisation given to the Board of Directors by the Extraordinary General Meeting on 25 May 2018 to decide on the issuance of shares without payment and a directed share issue.

Page updated 6 June 2019