RAMIRENT PLC COMPANY ANNOUNCEMENT 2.4.2009 AT 7:15 PM
RESOLUTIONS OF RAMIRENT ANNUAL GENERAL MEETING 2009
- Approved financial statements and proposal that no dividend is paid for 2008.
- Authorisation for the Board to decide on acquisition of the Company's own
shares, share issue and the issuance of option rights and/or special rights.
- Board members re-elected.
The Annual General Meeting of Ramirent Plc held on 2 April 2008 approved the
financial statements for the fiscal year 2008 and discharged the members of the
Board of Directors and the President and CEO from liability.
Payment of dividend
The Annual General Meeting adopted the proposal by the Board of Directors that
no dividend be paid for fiscal year 2008.
Composition of the Board of Directors
The Annual General Meeting adopted the proposal that the number of members of
the Board of Directors be reduced from seven (7) to six (6) members and
re-elected for a term until the close of the next Annual General Meeting the
following members of the Ramirent Board: Kaj-Gustaf Bergh, Torgny Eriksson,
Peter Hofvenstam, Ulf Lundahl, Erkki Norvio and Susanna Renlund.
Remuneration of the Board of Directors
The Annual General Meeting decided the remuneration of the Board of Directors
shall be unchanged, i.e. for the Chairman EUR 3,000 per month and additionally
EUR 1,500 for attendance at Board and committee meetings and other similar Board
assignments; for the vice-chairman EUR 2,500 per month and additionally EUR
1,300 for attendance at Board and committee meetings and other similar Board
assignments; and for the members of the Board EUR 1,700 per month and
additionally EUR 1,000 for attendance at Board and committee meetings and other
similar Board assignments.
Election of the auditors
At the Annual General Meeting KPMG Oy Ab, a firm of Authorized Public
Accountants, was re-elected auditor. Pauli Salminen, APA, is the main
responsible auditor appointed by KPMG Oy Ab.
Authorisation to acquire and distribute own shares
The Annual General Meeting adopted the Board of Directors' proposal to authorise
the Board to decide on acquisition of the Company's own shares up to a maximum
of 10,869,732 of own shares.
Authorisation to issue new shares and the issuance of option rights, convertible
bonds and/or special rights
The Annual General Meeting resolved to authorise the Board of Directors to issue
a maximum of 21,739,465 new shares and to convey a maximum of 10,869,732 shares
against payment. The meeting also resolved to authorise the Board of Directors
to grant option rights, convertible bonds and/or special rights referred to in
Chapter 10, Section 1 of the Companies Act, which entitle to new shares or the
company's own shares against payment in such a manner that the subscription
price of the shares is paid in cash or by using the subscriber's receivable to
set off the subscription price.
Amendment of section 10 of the Articles of Association
The Annual General Meeting adopted the Board of Directors proposal to amend
Section 10 of the Articles of Association so that an invitation to General
Meetings be delivered to shareholders no later than twenty-one days prior to the
meeting.
Vantaa, 2 April, 2009
RAMIRENT PLC
Magnus Rosén
President and CEO
FURTHER INFORMATION:
Magnus Rosén, President and CEO, tel. +358 20 750 2845
Paula Koppatz, General Counsel, tel. +358 20 750 2834
DISTRIBUTION:
NASDAQ OMX Helsinki
The main media
www.ramirent.com
Ramirent is the leading machinery rental company in the Nordic countries and in
Central and Eastern Europe. The Group has some 360 permanent outlets in 13
countries and employs 3,900 people. In 2008 the consolidated net sales were EUR
703 million. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.
For further information, please visit www.ramirent.com.
