Vaisala Oyj Stock Exchange Announcement 19.3.2003, 19.00 1(1)
The Annual General Meeting of Vaisala Oyj decided on March 19, 2003 to approve the Company's annual accounts for 2002. The dividend will be EUR 0.55 per share.
Dividend
The Annual General Meeting decided that a dividend of EUR 0.55 per share, corresponding to the total of EUR 9,590,350 will be distributed for the financial year 2002. The record date for dividend payment is March 24, 2003 and dividend will be paid on March 31, 2003.
Discharge from liability
The Annual General Meeting granted the Members of the Board of Directors and the Company's President and CEO discharge from liability for the accounts.
The Members of the Board of Directors and Auditors Two members of the Board of Directors, Professor Pekka Hautojärvi and Mikko Voipio, M.Sc. (Eng.) were to retire by rotation. They were re-elected for three years. PricewaterhouseCoopers Oy Authorised Public Accountants and Mr Jukka Ala-Mello APA were chosen as the Company's
auditors.
Re-approval of warrants granted in year 2000
The Annual General Meeting decided that the decision made by the Annual General Meeting on March 9, 2000 concerning the issue of warrants and the conditions of these is in force according to the original conditions (Stock Exchange Announcement February 24, 2003). The decision is in force on condition that the original beneficiaries of the warrants, or Vaisala GmbH in so far as the warrants of the original beneficiaries have transferred to it following the termination of their employment, and the Board of Directors of the company, confirm between March 20, 2003 and April 3, 2003 that the original subscriptions are in force despite the inadequate trade register entry. The decision confirms the conditions of warrants.
The meeting of the Board of Directors
Raimo Voipio, M.Sc. (Eng.) will continue as Chairman of the Board of Directors and Yrjö Neuvo, Ph.D (EE) will continue as Vice-Chairman. Professor Pekka Hautojärvi, Mikko Niinivaara M.Sc. (Eng.), Mikko Voipio, M.Sc. (Eng.) and Gerhard Wendt, Ph.D will continue as Members of the Board of Directors.
Further information:
Tapio Engström, Finance Director
+358 9 8949 2215 or +358 400 716 732
Tiina Hansson, Communications Director
+358 9 8949 2728 or +358 40 730 3751
Vaisala Oyj
Distribution:
Helsinki Exchanges