The shareholders of LASSILA & TIKANOJA PLC are summoned to the Company’s Annual
General Meeting of Shareholders to be held on Monday, 26 March 2007 at 4 p.m.
at the Finlandia Hall, Mannerheimintie 13 e, Helsinki.
The following issues will be on the agenda of the meeting:
1. ISSUES PERTAINING TO THE ANNUAL GENERAL MEETING OF SHAREHOLDERS UNDER
ARTICLE 14 OF THE ARTICLES OF ASSOCIATION AND ARTICLE 3 CHAPTER 5 OF THE
COMPANIES ACT
2. AMENDMENTS TO THE ARTICLES OF ASSOCIATION
The Board of Directors proposes that the Articles of Association be amended as
follows:
1. Article 3 concerning the minimum and maximum share capital and the number of
shares shall be deleted.
2. Article 4 concerning the book-entry system shall be amended so that all
other provisions except for the reference that the Company’s shares belong to
book-entry system shall be deleted.
3. Article 8 of Articles of Association shall be amended by changing the right
to sign for the company to the right of representation.
4. In article 12 concerning the notice to the general meeting of shareholders
and article 14 concerning the issues pertaining to the Annual General Meeting,
amendments required by the new Finnish Companies Act will be made.
5. The reference to the article 12 of the articles of association in force
included in article 15 concerning redemption obligation shall be amended to a
reference to article 11.
COMPOSITION OF THE BOARD OF DIRECTORS AND THE AUDITORS
The present member of the Board of Directors Heikki Hakala has informed that he
does not wish to stand for re-election. Shareholders who together represent
over 40% of all votes attached to Lassila & Tikanoja shares, have announced to
the Company that they will propose to the Annual General Meeting that the
number of Board members be confirmed as five (5) and that the present Board
members Lasse Kurkilahti, Juhani Lassila, Juhani Maijala and Soili Suonoja be
re-elected to the Board until the end of the following AGM, and that Eero
Hautaniemi, M.Sc. (Econ.), President of Oriola-KD Corporation be elected as a
new member for the same term. These shareholders will also propose that
PricewaterhouseCoopers, Authorised Public Accountants, be elected Auditors of
the Company until the end of the following AGM.
DOCUMENTS FOR THE MEETING
The Financial Statements and the proposal by the Board of Directors will be
available to shareholders from 19 March 2007 onwards at the head office of the
Company in Helsinki at Hopeatie 2. Copies of the documents will be sent to
shareholders on request. The Annual Report including both the consolidated
financial statements and the complete financial statements of the parent
company will be mailed to the shareholders.
RIGHT TO ATTEND THE MEETING
Shareholders who were entered in the Company’s Register of Shareholders
maintained by the Finnish Central Securities Depository Ltd on 16 March 2007
are entitled to attend the Annual General Meeting. Shareholders registered in a
nominee’s name may attend the Annual General Meeting if they have been
temporarily recorded in the Company’s Register of Shareholders not later than
ten days prior to the Meeting, which is 16 March 2007.
NOTIFICATION
Shareholders who wish to attend the Annual General Meeting of Shareholders
shall notify the Company not later than on Monday 19 March 2007 at 4 p.m. by
telephone to +358 10 636 2882/Taru Määttä, by writing to the following address:
Lassila & Tikanoja plc, P.O. Box 28, 00441 Helsinki, by fax to +358 10 636 2899
or by e-mail to the address taru.maatta@lassila-tikanoja.fi. Any proxies shall
be sent to the above mailing address by the end of the notification period.
PAYMENT OF DIVIDEND
The Board of Directors proposes to the Annual General Meeting of Shareholders
that a dividend of EUR 0.55 per share be paid for the financial year 2006 on
the basis of the balance sheet adopted. The dividend resolved by the Annual
General Meeting of Shareholders will be paid to a shareholder registered in the
Company’s Register of Shareholders maintained by the Finnish Central Securities
Depository Ltd 29 March 2007, which is the record date for the dividend
payment. The Board of Directors proposes to the Annual General Meeting that the
dividend be paid on 5 April 2007.
Helsinki, 1 March 2007
LASSILA & TIKANOJA PLC
Board of Directors
Jari Sarjo
President and CEO
For additional information please contact Mr. Jari Sarjo, President and CEO,
tel. +358 10 636 2810.