Raisio Group

Authorisations

Authorisation to repurchase own shares

The AGM 21 March 2018 authorised the Board of Directors to decide on the repurchase of and/or accepting as pledge a maximum of 5,000,000 free shares and 1,250,000 restricted shares. The authorisation was valid until 19 March 2019. The Board has not purchased or accepted as collateral any shares based on this authorisation.

The AGM 19 March 2019 authorised the Board of Directors to decide on the repurchase of and/or accepting as pledge a maximum of 5,000,000 free shares and 1,250,000 restricted shares. The authorisation will be valid until 30 April 2020. 

Authorisation to issue shares

The AGM 23 March 2017 authorised the Board of Directors to decide on share issues (1) by assigning a total of no more than 14,000,000 free shares that are in the Company’s possession and a total of no more than 1,460,000 restricted shares that are in the Company’s possession and (2) by issuing a maximum of 20,000,000 new free shares. The share issue authorisations were valid until  21 March 2018.

On 15 March 2018, the Board of Directors approved the bonuses paid under the share reward scheme and, in order to convey the part paid in shares to key employees, decided to implement a directed share issue without payment based on the authorisation granted to the Board by the AGM of 23 March 2017. 

The AGM 21 March 2018 authorised the Board of Directors to decide on share issues (1) by assigning a total of no more than 14,000,000 free shares that are in the Company’s possession and a total of no more than 1,460,000 restricted shares that are in the Company’s possession and (2) by issuing a maximum of 20,000,000 new free shares. The share issue authorisations were valid until 19 March 2019.

The AGM 19 March 2019 authorised the Board of Directors to decide on share issues (1) by assigning a total of no more than 14,000,000 free shares that are in the Company’s possession and a total of no more than 1,460,000 restricted shares that are in the Company’s possession and (2) by issuing a maximum of 20,000,000 new free shares. The share issue authorisations will be valid until 30 April 2020.