Fri March 7 03:00 pm 2003 in category Stock exchange releases
NOKIAN TYRES PLC ANNUAL GENERAL MEETING CALLThe shareholders of Nokian Tyres plc are called to the Annual General Meeting to be held on Wednesday 26 March 2003 at 4:00 p.m. at Nokian Tyres headquarters, Pirkkalaistie 7, Nokia, Finland. Registration and handing out of ballot papers will start at 3:00 p.m. in the day of the meeting. The participants can also register for guided factory tours departing at 3:00 p.m.
The following items are on the agenda of the Annual General Meeting:
1. Matters to be decided upon under Article 13 of the Articles of Association.
2. Board's proposal for an authorisation to increase share capital
The Board of Directors propose that the Board of Directors be authorised to decide upon increasing the share capital on one or more occasions by an issue of new shares and/or convertible bonds. The share capital of the company can be increased by a maximum of EUR 4 million. A maximum of 2,000,000 new shares can be issued each bearing a nominal value of EUR 2.00.
The Board of Directors may also deviate from the shareholders pre-emptive subscription right, provided that there is a compelling financial reason for the company referred to in chapter 4:2a of the Companies Act such as acquisitions and other corporate arrangements.
The Board of Directors has the right to decide upon the parties who are entitled to subscribe as well as the subscription price, terms and conditions of share subscription and terms and conditions of convertible bonds.
The validity of the authorisation is one year from the date of the Annual General Meeting.
At the same time any other effective authorisations upon increasing the share capital are nullified.
Payment of dividend
The Board of Directors proposes at the Annual General Meeting of Shareholders that a dividend of EUR 1.11 per share is paid for the fiscal year 2002.
The dividend will be paid to shareholders who on the record date, 31 March 2003, have been entered in the Company's shareholder register maintained by the Finnish Central Securities Depository Ltd. The payment date for the dividend is proposed to be 7 April 2003.
Attending The Annual General Meeting
Shareholders registered in the company shareholder register maintained by the Finnish Central Securities Depository Ltd by 14 March 2003 at the latest, are entitled to attend the Annual General Meeting.
Any shareholder wishing to attend the Annual General Meeting must register in writing by 3:00 p.m. on 24 March 2003 to: Nokian Tyres plc, P.O.Box 20, FIN-37101 Nokia, Finland; or to Leena Huura by telephone: +358 3 340 7641, or by fax: +358 3 340 7799, or by e-mail: firstname.lastname@example.org. Registrations must arrive before the end of the registration period. Any credentials shall be delivered to the above address together with the registration.
Documents on display and annual report
The company's Financial Statements and above mentioned proposals of the Board of Directors are available for shareholders' investigation during the period of one week prior to the Annual General Meeting at the company's headquarters in Nokia, Finland. Copies of these documents will be sent to shareholders on request. The proposals of
the Board of Directors are also available on the internet at www.nokiantyres.com. The Annual Reports will be sent to shareholders during the week starting 17th of March.
Nokian Tyres plc
Vice President, Public Information
Further information: Mr. Rami Helminen, Vice President, Finance and Control, tel. +358 3 340 7463.
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