FI EN Contact information Blogs front page / Newsroom / Pohjolan Voima Oyj's Board of Directors proposes to the Extraordinary General Meeting to reduce the share capital by EUR 359,249.42 Newsroom 09/27/2021 Press Releases Pohjolan Voima Oyj's Board of Directors proposes to the Extraordinary General Meeting to reduce the share capital by EUR 359,249.42 Pohjolan Voima Oyj Stock Exchange Release September 27, 2021 Pohjolan Voima Oyj's Board of Directors proposes to the Extraordinary General Meeting to reduce the share capital by EUR 359,249.42 The Board of Directors of Pohjolan Voima Oyj (the “Company”) proposes to the Extraordinary General Meeting on October 25, 2021 that the Company's share capital be reduced by EUR 359,249.42 in order to repurchase the Company's G10 series shares from Metsä Board Oyj. The shares of the G10 Series of Shares would be canceled after they have been taken over by the Company. According to the Board's proposal, the Company will acquire all of the company's G10 share series (213,600) from the current owner, Metsä Board Oyj, other than in proportion to the shares held by its shareholders. The shares entitle the Company to energy produced by its power plants in accordance with Hämeenkyrön Voima Oy's ownership. The directed acquisition is related to the sale of the Company's shares in Hämeenkyrön Voima Oy to Metsä Board Oyj. The company owns 84 percent of Hämeenkyrön Voima Oy. The transfer of Hämeenkyrön Voima Oy's ownership directly to the Company's G10 Series Series shareholder and the directed acquisition of G10 Series Series shares to the Company is appropriate for the Company's operations in this situation. The directed acquisition of the shares of the G10 series of shares will be carried out at a fair price, thus, in the opinion of the Board, it does not violate the equality of the Company's shareholders and does not provide an undue advantage at the expense of the Company or another shareholder. There is a compelling financial reason for the acquisition on these grounds in accordance with Chapter 15, Section 6 of the Companies Act. The precondition for the implementation of the Board's proposal is that the Extraordinary General Meeting also approves the Board's proposal regarding the sale of Hämeenkyrön Voima Oy's shares. In addition, a return of EUR 11,602,350.58 from the Company's invested unrestricted equity fund is proposed for approval in connection with the arrangement. Distribution: Nasdaq Helsinki www.pohjolanvoima.fi More information: Minna Laakso, CFO, Pohjolan Voima Oyj, tel. +358 40 5060 802, minna.laakso@pvo.fi Link to bulletin Subscribe to stock exchange releases Ice Change related 11/24/2021 Press Releases Pohjolan Voima Oyj 's financial reporting in 2022 10/25/2021 Press Releases Pohjolan Voima Oyj's Extraordinary General Meeting decided to reduce the share capital by EUR 359,249.42 27.9.2021 Pörssitiedotteet Pohjolan Voima Oyj:n hallitus ehdottaa ylimääräiselle yhtiökokoukselle osakepääoman alentamista 359 249,42 eurolla 23.8.2021 Pörssitiedotteet Pohjolan Voima Oyj:n puolivuosikatsaus tammikuu – kesäkuu 2021 YHTEYSTIEDOT Pohjolan Voima Oyj Töölönkatu 4 PL 40 00101 Helsinki Y-tunnus 0210161-4 puhelin 010 478 5000 Laskutusosoitteet LINKKEJÄ Uutishuone Tietoa meistä Hallinto ja organisaatio Voimalaitokset Vuosikertomus Medialle Anna palautetta Tilaa uutiskirje Copyright © 2021 Pohjolan Voima Tietosuojaseloste Käyttöehdot