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2014-04-23

Restamax Plc: DECISIONS MADE AT RESTAMAX PLC'S ANNUAL GENERAL MEETING

RESTAMAX Plc STOCK EXCHANGE RELEASE 23 April 2014 at 17:30
DECISIONS MADE AT RESTAMAX PLC'S ANNUAL GENERAL MEETING

Restamax Plc's Annual General Meeting was held today 23 April 2014 in Tampere.
The meeting confirmed the 2013 Financial Statements and discharged the
Company's management from liability. The meeting decided that, based on the
balance sheet confirmed for the financial period that ended on 31 December
2013, a per-share dividend of EUR 0.09 will be paid. The dividend will be
paid on 8 May 2014. The Annual General Meeting decided that the Board of
Directors will comprise six (6) members and selected Deloitte&Touche Oy as
the Company's auditors.

The meeting was opened by Chairman of the Board, Timo Laine, lawyer Ari
Keinänen chaired the meeting and Hannu Selin LLM acted as Secretary.

DECISIONS OF THE ANNUAL GENERAL MEETING

Financial Statements

The meeting confirmed the Parent Company's and Group's Financial Statements,
and discharged the members of the Board of Directors and the CEO from
liability for the 2013 financial period.

Dividend

The Board of Directors decided that, based on the balance sheet confirmed for
the financial period that ended on 31 December 2013, a per-share dividend of
EUR 0.09 will be paid. The dividend record date is 28 April 2014, and the
payment date will be 8 May 2014.

Board of Directors

The meeting decided that the number of members of the Board of Directors will
be six (6). As members of the Board, the meeting re-elected from the present
members of the Board to serve until the end of the next Annual General
Meeting Timo Laine, Petri Olkinuora, Mikko Aartio, Sami Asikainen and Jarmo
Viitala. Mika Niemi was elected as a new member of the Board. The Annual
General Meeting elected Timo Laine as Chairman and Petri Olkinuora as
Vice-Chairman.

The Annual General Meeting decided to keep the remuneration and travel expense
reimbursements of the members of the Board of Directors as they have been.
Until the next Annual General Meeting, the remuneration of the members of the
Board will be as follows: annual remuneration for the Chairman of the Board
and the Vice-Chairman will be EUR 20,000 for the financial period and EUR
10,000 for other members. Separate attendance allowance or reimbursement for
travelling expenses will not be paid.

Auditor

The Annual General Meeting reselected as auditor Deloitte&Touche Oy, a firm of
authorised public accountants, until the end of the next Annual General
Meeting. Hannu Mattila APA will act as the Company's responsible auditor. In
accordance with the Board's proposal, the meeting decided that the auditor's
remuneration will be paid based on an invoice approved by the Company.
Authorisation to purchase the Company's own shares

The Annual General Meeting decided to authorise the Board to decide on the
purchase of 800,000 of the Company's own shares at the maximum, using the
unrestricted equity of the Company, in one or several tranches, under the
following terms:

The shares shall be purchased in trading on the regulated market in Helsinki
Stock Exchange, and therefore the purchase will take place by private placing
and not in relation to the shares owned by the shareholders. The sum paid
for the shares is the price announced on the acquisition day for Restamax
Plc's shares on the regulated market on the stock list of Helsinki Stock
Exchange. The shares are purchased in trading organised by NASDAQ OMX
Helsinki Oy in accordance with its rules and regulations. The shares can be
purchased for financing or carrying out possible acquisitions or other
arrangements, to implement incentive systems within the Company, or for other
purposes decided by the Board. The maximum amount of the shares to be
purchased is approximately equivalent to 4.9% of all the shares and votes of
the Company.

The Board of Directors shall decide on other matters related to the purchase
of the Company's own shares.

The Annual General Meeting decided that the authorisation remains valid until
the end of the 2015 Annual General Meeting.

Authorisation to decide on the issue of shares and special rights

In accordance with the proposal of the Board, the Annual General Meeting
decided to authorise the Board to decide on the issue of shares and the issue
of special rights entitling to shares referred to in Section 1 of Chapter 10
of the Limited Liability Companies Act as follows:

With this authorisation, the Board can decide to issue 1,500,000 new shares at
the maximum, and the transfer of a maximum of 800,000 of the Company's own
shares held by the Company.
The Board can use the authorisation in one part or several parts. New shares
can be issued, and the Company's own shares held by the Company can be
transferred, either against a compensation or free of charge. The new shares
can be issued and the Company's own shares held by the Company can be
transferred to the shareholders of the Company in proportion to their current
shareholdings in the Company or in deviation from the shareholders
pre-emptive rights by way of direct issue. The issue of new shares or
transfer of the Company's own shares held by the Company can also take place
against apport property or by using a claim for the Company held by the
subscriber to redeem the amount to be paid for the issue price or the price
to be paid for the shares. The issue price of new shares and the sum to be
paid for the Company's shares held by the Company is recorded in the invested
unrestricted equity fund.

With this authorisation, the Board can provide options and other special
rights referred to in Section 1 of Chapter 10 of the Limited Liability
Companies Act that give entitlement to receive new shares or the Company's
shares held by the Company against payment and under the preconditions stated
in the Act.

The Board is authorised to decide on all the other matters related to issue of
shares and the special rights referred to in Section 1 of Chapter 10 of the
Limited Liability Companies Act.
The expiration date of the authorisation is 30 June 2017. This authorisation
overrides all previous authorisations to decide on the issue of shares and
the issue of special rights entitling to shares.
Minutes of the Annual General Meeting

The minutes of the Annual General Meeting are available to shareholders at the
Restamax Plc head office and on the Company's
websitewww.restamax.fi/en/investors/annual-general-meeting/up until 7 May
2014.
Additional information:

Chairman of the Board Timo Laine, Restamax Plc, tel. +358 (0)400 626 064
CEO Markku Virtanen, Restamax Plc, tel. +358 (0)400 836 477

Distribution:

NASDAQ OMX Helsinki
Key media
www.restamax.fi
Restamax Plc

is a Finnish restaurant business group established in 1996. The company has
continued to grow steadily throughout its history. The Group companies
comprise approximately 80 restaurants, cafés, pubs and nightclubs all over
Finland. Well-known restaurant concepts of the Group include Ristorante Bella
Roma, Gringos Locos, Viihdemaailma Ilona, Daddy's Diner and Stefan's
Steakhouse. Wayne's Coffee is also part of the company's portfolio. Restamax
Plc employs approximately 900 people, proforma turnover in 2013 was
approximately MEUR 87.0 and EBITDA about MEUR 13.3. www.restamax.fi.

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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: Restamax Oyj via Globenewswire

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