The Annual General Meeting of Incap Corporation was held on Tuesday, 13 April 2010 beginning at 3.00 p.m. at the G.W. Sundmans conference facilities, 2nd floor, at the address Eteläranta 16, Helsinki.
The Annual General Meeting confirmed the consolidated financial statements over the financial period ended on 31 December 2009. Following the Board of Directors’ decision, the Annual General Meeting decided that no dividend would be paid and the loss for the accounting period (EUR 3,825,364.89) be left in equity.
The AGM discharged the Board members and the President and CEO from liability. Kari Häyrinen, Kalevi Laurila, Susanna Miekk-oja and Lassi Noponen were re-elected as Board members, and Raimo Helasmäki was elected as a new member. In the new Board’s organisation meeting, Kalevi Laurila was elected as Chairman and Susanna Miekk-oja as Deputy Chairman.
Ernst & Young Oy, Authorised Public Accountants, was selected again as the company’s auditor after a competitive bidding.
The Annual General Meeting amended the Articles of Association in accordance with the Corporate Governance code so that the notice of a meeting is to be sent no later than 21 days before the AGM date, instead of 17 days before the AGM date as prescribed in the current Articles of Association.
The Annual General Meeting authorised the Board to decide upon an increase in share capital by one or more new issues within one year from the Annual General Meeting so that the aggregate number of shares subscribed on the basis of the authorisation will be no more than 1,500,000 shares.