Decisions of Incap Corporation's Extraordinary General Meeting
Stock Exchange Release 21 August 2013 at 6.15 p.m.
DECISIONS OF INCAP CORPORATION'S EXTRAORDINARY GENERAL MEETING
The Extraordinary General Meeting of Incap Corporation was held on Wednesday, 21 August 2013 in Helsinki. A total of 22 shareholders participated in the meeting, representing a total of 81.3% of all shares and votes.
Election of members of the Board of Directors
The Extraordinary General Meeting elected Fredrik Berghel and Olle Hulteberg as new members to the Board of Directors, and of the previous members of the Board of Directors Raimo Helasmäki, Susanna Miekk-oja and Lassi Noponen were re-elected to the Board of Directors. The members of the Board of Directors were elected for a period beginning in the Extraordinary General Meeting and ending in the first Annual General Meeting following the General Meeting, in which they were elected.
Approval of transaction
The Extraordinary General Meeting resolved to approve the conditional transaction between Incap Corporation and Inission AB, in which the uniting of Incap and Inission will be carried out by Incap Corporation acquiring Inission AB's subsidiaries' shares and business operations. According to the agreement, the realisation of the transaction is conditional to the exercising of the related option by Inission AB.
Resolution on consulting agreement arrangement
The Extraordinary General Meeting resolved to approve the consulting agreement arrangement between Incap Corporation and Inission AB and authorised the Board of Directors to negotiate and decide on further details of the agreement.
First meeting of the new Board of Directors
The new Board of Directors held a meeting after the Extraordinary General Meeting and elected Lassi Noponen as the Chairman of the Board.
The minutes of the Extraordinary General Meeting are available at the company's website as from 3 September 2013.
President and CEO
Sami Mykkänen, President and CEO, tel. +358 40 559 9047 or +372 555 379 05
Kirsti Parvi, CFO, tel. +358 50 517 4569 or +372 555 620 35
Hannele Pöllä, Director, Communications and IR, tel. +358 40 504 8296
NASDAQ OMX Helsinki Ltd
INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose comprehensive services cover the entire life-cycle of electromechanical products from design and manufacture to maintenance services. Incap's customers include leading equipment suppliers in energy efficiency and well-being technologies, for which the company produces competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and China. The Group's revenue in 2012 amounted to EUR 64.1 million and the company currently employs approximately 600 people. Incap's share is listed on the NASDAQ OMX Helsinki since 1997. Additional information: www.incap.fi.