PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Outokumpu OYJ

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Outokumpu - Resolutions of Extraordinary General Meeting 2012 - Outokumpu's Extraordinary General Meeting, held today in Helsinki, approved the proposals regarding authorisations to the Board of Directors to decide on a share issue and a directed share issue - Outokumpu.com
Outokumpu - Resolutions of Extraordinary General Meeting 2012

 

NewswireToday - /newswire/ - Espoo, Finland, 2012/03/01 - Outokumpu's Extraordinary General Meeting, held today in Helsinki, approved the proposals regarding authorisations to the Board of Directors to decide on a share issue and a directed share issue - Outokumpu.com. OUT1V

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Authorising the Board of Directors to decide on a share issue (rights offering)

The Extraordinary General Meeting authorised the Board of Directors to undertake a share issue for consideration pursuant to the shareholders' pre-emptive subscription right. The Board of Directors has the right to decide upon the offering to parties determined by the Board of Directors of any shares that may remain unsubscribed for pursuant to the shareholders' pre-emptive subscription right. A maximum number of 5 000 000 000 new shares may be issued in the share issue. The Board of Directors is authorised to determine the other terms and conditions of the share issue.

The authorisation of the Board of Directors to issue shares shall be in force until 31 December 2012 and it revokes the share issue authorisation given by the Annual General Meeting on 24 March 2011.

Outokumpu will separately announce the Board of Directors' resolution regarding the rights offering after such a resolution has been made. The record date of the rights offering will be determined based on the share issue resolution to be made by the Board of Directors and will be announced through a stock exchange release following such resolution by the Board of Directors.

Authorising the Board of Directors to decide on a directed share issue
The Extraordinary General Meeting authorised the Board of Directors to undertake a directed share issue for consideration in which ThyssenKrupp AG or its order shall be entitled to subscribe for new shares in deviation from the pre-emptive subscription right of the shareholders. The new shares can be paid by contributing assets to Outokumpu (contribution in-kind). A maximum number of 2 200 000 000 new shares may be issued in the directed share issue in such a manner that, as a result of the directed share issue, ThyssenKrupp AG or its order will hold a maximum of 29.9 per cent of the then issued and outstanding shares of Outokumpu after the completion of the directed share issue and the exercise of the above-mentioned share issue authorisation relating to the rights offering. The Board of Directors is authorised to determine the other terms and conditions of the directed share issue.

The share issue authorisation of the Board of Directors shall be in force until 31 December 2013 and it does not revoke the above-mentioned share issue authorisation relating to the rights offering.

The Board of Directors will decide on a directed share issue to ThyssenKrupp AG or its order pursuant to this authorisation after the Board of Directors has exercised the above-mentioned share issue authorisation relating to the rights offering.

Minutes of the Extraordinary General Meeting
The minutes of the Extraordinary General Meeting will be available for viewing at Outokumpu's head office and at Outokumpu's website outokumpu.com/EGM no later than 15 March 2012.

A video recording of the presentation held by the CEO at the Extraordinary General Meeting will be available at outokumpu.com/EGM during the evening 1 March 2012.

About OUTOKUMPU OYJ
Outokumpu (outokumpu.com) is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 8 000 people in more than 30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Outokumpu OYJ

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Outokumpu - Resolutions of Extraordinary General Meeting 2012

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

OUTOKUMPU OYJ |
Publisher Contact: Press Office - Outokumpu.com 
corporate.info[.]outokumpu.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Outokumpu OYJ securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Outokumpu OYJ / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

Voith At POWER-GEN Europe 2017 - Reliable and Innovative Technologies for Energy Providers and Plant Operators
PPG Central Europe Aerospace Center Approved for Airbus Sealants Packaging
ADVA Optical Networking Transforms the Metro with New Levels of Flexibility, Scale and Synchronization
Persistence Market Research Releases Fatty Acid Methyl Ester Market Report - Global Industry Overview by 2025
Automatic Edge Bending Machine Market Has Limited Global Players - Homag, Biesse, Scm Group, Brandt Finds PMR
Persistence Market Research Publishes Global Combi Oven Market Report - Key Players Unox, Convotherm, Rational, Turbofan, Blue Seal, Electrolux
ITT to Showcase Portfolio of Critical In-Flight Solutions at 2017 International Paris Air Show
Rockwell Automation Continues to Expand MES Applications to Increase Flexibility, Ease Entry to Smart Manufacturing
BrainChip Holdings Ltd and Safran Collaborate on Development of Machine Vision Inspection System for Harnesses Production Activities
Demand for Advanced Manufacturing and Automation Solutions Surges with the Rise of Industry 4.0 Finds Frost & Sullivan
American Chemistry Council Recognizes BASF as Responsible Care Company of the Year
Atlas Copco to Acquire Swedish Mining Intelligence Business
EPA Recognizes BASF as Safer Choice Innovator
PPG Uses OPTICOR Advanced Transparency Material for BLADE Windows
Atlas Copco Opens New Headquarters for Specialty Rental Business in Europe

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)