Du är här



Rapala VMC Corporation

Stock Exchange Release
April 10, 2014 at 4:00 p.m.

The Annual General Meeting (AGM) of Rapala VMC Corporation adopted the
financial statement of the financial year 2013 and discharged the members of
the Board of Directors and the CEO from the liability for the financial year
that ended on December 31, 2013.

The AGM approved the Board of Director's proposal that a dividend of EUR 0.24
per share is paid. The dividend will be paid on April 24, 2014 to the
shareholders who on the record date of April 15, 2014 are registered as
shareholders in the company's shareholders' register kept by the Euroclear
Finland Ltd.

The AGM approved that the Board of Directors consists of seven members. The
re-elected members of the Board of Directors were Jorma Kasslin, Eero
Makkonen, Marc Speeckaert, Jan-Henrik Schauman, Christophe Viellard, Emmanuel
Viellard, and as a new member Julia Aubertin was elected. The AGM resolved
that the annual fee paid to each Board member is EUR 45 000 and EUR 100 000
to the Chairman of the Board.

Ernst&Young Oy, Authorized Public Accountants, was appointed as Rapala VMC
Corporation's auditor.

In accordance with the Board of Directors' proposal, the AGM authorized the
Board of Directors to resolve to repurchase a maximum of 2 000 000 own shares
by using funds in the unrestricted equity. The proposed number of shares
corresponds to less than 10 per cent of all shares in the company. The shares
may be repurchased to develop the company's capital structure. In addition,
the shares may be repurchased to finance or carry out business acquisitions
or other arrangements, to settle the company's equity-based incentive plans,
to be transferred for other purposes, or to be cancelled. The shares may be
repurchased in deviation from the proportion of the shares held by the
shareholders. The shares will be repurchased through public trading arranged
by NASDAQ OMX Helsinki Oy at the market price of the acquisition date. The
shares will be acquired and paid in pursuance of the rules of NASDAQ OMX
Helsinki Oy and applicable rules regarding the payment period and other terms
of the payment. The authorization is in force until the end of the next
Annual General Meeting, however, no longer than until June 30, 2015.

The Board of Directors of Rapala VMC Corporation has on April 10, 2014 elected
Emmanuel Viellard as the Chairman of the Board of Directors.


Jorma Kasslin
Chief Executive Officer

For further information, please contact:
Olli Aho, Company Counsel, tel. +358 9 7562 540

Distribution: NASDAQ OMX Helsinki and main media

Rapala VMC Corporation ("the Group") is a leading fishing tackle company and
the global market leader in fishing lures, treble hooks and fishing related
knives and tools. The Group also has a strong global position in other
fishing categories and it is one of the leading distributors of outdoor,
hunting and winter sport products in the Nordic countries. The Group has the
largest distribution network in the industry. The main manufacturing
facilities are located in Finland, France, Estonia, Russia, China, Indonesia
and the UK. The Group brand portfolio includes the leading brand in the
industry, Rapala, and other global brands like VMC, Sufix, Storm, Blue Fox,
Luhr Jensen, Williamson, Dynamite Baits, Mora Ice, StrikeMaster, Marttiini
and Peltonen. The Group, with net sales of EUR 287 million in 2013, employs
some 2 500 people in 39 countries. Rapala VMC Corporation's share is listed
and traded on the NASDAQ OMX Helsinki stock exchange since 1998.

Stock Exchange Release


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Rapala VMC Oyj via Globenewswire


Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.