NEO INDUSTRIAL PLC STOCK EXCHANGE RELEASE 7 MARCH 2018 at 10.30 AM
CORRECTION TO THE NOTICE TO ANNUAL GENERAL MEETING AND THE SHAREHOLDERS' PROPOSAL TO THE ANNUAL GENERAL MEETING ON THE NUMBER AND COMPOSITION OF THE MEMBERS OF THE BOARD OF DIRECTORS
Neo Industrial Plc published on 1 March 2018 a notice to the Annual General Meeting to be held on 22 March 2018.
In section 9 of the notice, concerning the resolution on the use of the profit shown on the balance sheet and the payment of dividend, the payment date of the first installment of the dividend payment was erroneous. The correct payment date of the first installment of the dividend payment is 4 April 2018.
In section C of the notice, concerning instructions for the participants in the general meeting, the record date of the general meeting was erroneous. The correct record date of the general meeting is 12 March 2018. Therefore, shareholders who have registered in the company's shareholder register maintained by Euroclear Finland, on 12 March 2018, at the latest, and have also given a notice of participation to the company on 19 March 2018 at 4 pm, at the latest, may attend the general meeting.
Correspondingly, a holder of nominee registered shares may participate in the general meeting pursuant to the shares based on which such shareholder would be entitled to be registered in the shareholder register maintained by Euroclear Finland on 12 March 2018. A holder of nominee registered shares must also be temporarily registered in the shareholder register maintained by Euroclear Finland pursuant to these shares on 19 March 2018 by 10.00 am, Finnish time, at the latest.
Neo Industrial Plc has today become aware of proposals to the general meeting from shareholders representing over 50 percent of the votes on the number of the members and the composition of the Board of Directors:
Shareholders representing over 50 percent of the votes propose to the general meeting that the number of the members of the Board of Directors be confirmed at four (4) and that no deputy members be elected.
Shareholders representing over 50 percent of the votes propose to the general meeting that following persons be elected to the Board of Directors: Markku E. Rentto, Jukka Koskinen, Marjo Matikainen-Kallström and Ari Järvelä. The above-mentioned shareholders propose that Markku E. Rentto be elected as Chairman and Jukka Koskinen as Vice Chairman.
Hyvinkää, 7 March 2018
Neo Industrial Plc
The Board of Directors
Further information:
Ralf Sohlström, Managing Director, Neo Industrial, tel. +358 40 770 2720
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Neo Industrial's strategy is to invest mainly in industrial companies with similar synergic benefits. The aim of investments is with active ownership to develop the purchased companies and establish additional value. Returns are sought through both dividend flow and an increase in value. Neo Industrial's class B shares are listed on the main list of NASDAQ Helsinki Stock Exchange. Neo Industrial's business segment is Cable Industry.