Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
Resolution on the distribution of profits
The AGM resolved in accordance with the proposal of the Board of Directors that dividend in the aggregate maximum amount of EUR 14,001,182.40 (EUR 0.30 per share) shall be paid as follows:
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
(i) Dividend payable in Munksjö Oyj's shares.
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
Each 26 Ahlstrom's shares entitle their holder to receive 1 share in Munksjö Oyj ("Munksjö") as a dividend. Ahlstrom shall distribute to its shareholders as dividend a maximum of 1,795,023 shares of Munksjö.
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
Fractional entitlements to Munksjö's share resulting from the distribution ratio of the shares shall not be distributed but the amount corresponding to the fractional entitlements shall be compensated for in cash. The amount of the cash payment corresponding to the fractional entitlements will be based on the taxable value of the dividend paid in Munksjö's shares, which will be the volume-weighted average of the prices paid for Munksjö's share during the dividend payment date.
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
The fractional entitlements to Munksjö's share will be combined to complete shares and sold. If the proceeds of the sale do not fully cover the amount of the cash payment, Ahlstrom will pay the balance in cash to shareholders entitled to fractional entitlements. If the proceeds of such sale exceed the amount of the cash payment, Ahlstrom will retain the excess proceeds. In accordance with market practice Ahlstrom shall be liable for the transfer tax payable in connection with the distribution of dividends.
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
The AGM authorized the Board of Directors to conduct specifications and technical corrections that may be required for the practical execution of the dividend distribution.
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
(ii) Dividend payable in cash
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
A dividend of approximately EUR 0.09 per share be paid in cash from the retained earnings. As per January 30, 2014, the number of shares of the Company amounts to 46,670,608 based on which the maximum amount to be distributed as dividend payable in cash would be EUR 4,308,056.13.
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
The total amount of withholding tax to be withheld by Ahlstrom on the dividend payable in Munksjö's shares and the dividend payable in cash will be withheld from the amount of dividend payable in cash.
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
Ahlstrom Corporation's Annual General Meeting of Shareholders (AGM) was held on March 25, 2014.Resolution on the distribution of profits#
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