GEOSENTRIC OYJ STOCK EXCHANGE RELEASE April 12, 2012 at 18.00
EXTRAORDINARY GENERAL MEETING OF GEOSENTRIC OYJ
The Board of Directors of GeoSentric Oyj (“GeoSentric” or the “Company”) has decided to convene an Extraordinary General Meeting of the shareholders on Thursday, May 3, 2012 at 10:00 am. The Extraordinary General Meeting shall be held at Ravintola Pääposti, Mannerheiminaukio 1A, 00100 Helsinki. The reception of notified registered shareholders will begin at 9:30 am.
The following matters shall be handled in the meeting:
1. The Financial Status of the Company
The financial status of the Company will be discussed and handled comprehensively in the Extraordinary General Meeting. The objective is to discuss funding options and proposals and to determine whether such funding can be acquired. The Company will release separate the invitation to the annual general meeting in the near future to decide, in addition to the standard items, on the placing of the company into liquidation if no other funding option have been realized.
Documents of the Extraordinary General Meeting
This notice to the Extraordinary General Meeting and other documents required to be kept available pursuant to the Companies Act and the Securities Market Act are available on GeoSentric Oyj’s website at www.geosentric.com and at the Company’s office in Salo, at the address Meriniitynkatu 11, 24100 Salo, Finland from April 12, 2012 onwards.
Total number of shares and votes
On April 12, 2012, the date of the invitation to the Extraordinary General Meeting, GeoSentric had 3,490,246,354 shares, which are all of the same series. Each share entitles its owner to 1 vote and accordingly the total number of votes by all shares is 3,490,246,354.
Right to participate
a) Shareholders registered in shareholders’ register
A shareholder, who has been registered in the Company’s shareholder register, maintained by the Euroclear Finland Ltd, on April 20, 2012 has the right to participate in the Extraordinary General Meeting.
b) Holders of nominee registered shares
A holder of nominee registered shares has the right to participate in the Extraordinary General Meeting by virtue of such shares, based on the record date of the Extraordinary General Meeting, i.e. on April 20, 2012 at 10:00 a.m., and would be entitled to be registered in the shareholders' register of the Company held by Euroclear Finland Ltd. In order to attend the Extraordinary General Meeting, shareholders who hold their shares under a name of a nominee must contact their custodian to be temporarily recorded in the shareholder register and the recording must be made effective no later than April 27, 2012 at 10.00 am (Finnish time, GMT +2hrs). As regards nominee registered shares this constitutes due registration for the Extraordinary General Meeting.
A holder of nominee-registered shares is advised to request without delay necessary instructions regarding the registration in the shareholder's register of the Company, the issuing of proxy documents and registration for the Extraordinary General Meeting from his/her custodian bank. The account management organization of the custodian bank will register a holder of nominee registered shares, who wants to participate in the meeting, into the temporary shareholders’ register of the Company at the latest by the time stated above.
Notice of participation
Shareholders that wish to participate in the Extraordinary General Meeting must notify its/his/her participation by April 27, 2012 at 10.00 at the latest to Company’s head office by telephone +358 (0)20 7700800 (Minna Suokas), by telefax at +358 (0)2 7332633, in writing to GeoSentric Oyj, PL 84, 24101 Salo, Finland, or by email to msuokas@gypsii.com. Proxies are requested to be delivered by the end of the above registration period.
Proxy representative and powers of attorney
Shareholders may participate in the Extraordinary General Meeting and exercise their rights at the meeting by proxy representatives.
The proxy representative of a shareholder must present a dated proxy document or give other reliable proof that he/she is entitled to represent the shareholder. If the shareholder participates in the Extraordinary General Meeting by several proxy representatives who represent the shareholder with shares on separate securities accounts, the shares with which each representative represents the shareholder shall be notified in connection with the registration.
Any proxy documents should be delivered as originals to the address GeoSentric Oyj, PL 84, 24101 Salo, Finland to the attention of Ms. Minna Suokas, before the above registration period expires.
Right to request information
Pursuant to Chapter 5, Section 25 of the Companies Act, shareholders present at the Extraordinary General Meeting have the right to request information on matters dealt with by the meeting.
GEOSENTRIC OYJ
Board of Directors
Distribution:
NASDAQ OMX Helsinki
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