Notice is given to the shareholders of SATO Corporation to the Annual General Meeting to be held on Wednesday 8 March 2017 at 12:00 pm in the SATO building auditorium at the address Panuntie 4, FI-00610 Helsinki. The reception of registered participants and the distribution of voting tickets will commence at 11:30 am.
The notice to the meeting and the agenda with the draft resolutions, SATO Corporation's financial statements, report of the Board of Directors and the auditor's report will be available on the SATO Corporation's website www.sato.fi no later than on 10 February 2017. The draft resolutions and the other above-mentioned documents will also be available at the General Meeting. The minutes of the General Meeting will be available on the said website on 22 March 2017 at the latest.
Each shareholder who is on 24 February 2017 registered in the shareholders register of the company maintained by Euroclear Finland Ltd has the right to attend the General Meeting. A shareholder whose shares have been entered into his/her personal Finnish book-entry account, is registered in the shareholders register of the company.
A shareholder who is entered into the shareholders register and who wish to attend the General Meeting shall register for the meeting no later than 4:00 pm (EET) on 3 March 2017, by which time the registration shall be received by the company. The registration may be made as follows:
Personal information given by the shareholders to SATO Corporation shall be used only in connection with the General Meeting and the registrations required for it.
If required, the shareholder, his/her authorized representative or proxy representative shall prove his/her identity and/or the right of representation at the meeting.
A holder of nominee registered shares is entitled to attend the General Meeting by virtue of shares on the basis of which he/she on the record date of General Meeting, i.e. 24 February 2017 would be entitled to be registered in the shareholders register of the company maintained by Euroclear Finland Ltd. The attendance also requires that the shareholder is temporarily entered into the shareholders register maintained by Euroclear Finland Oy on the basis of such shares no later than at 10:00 am 3 March 2017. For shares entered in the nominee register, this will be deemed as registration for the General Meeting.
With regard to the nominee registered shares, the holder of such shares is advised to request from his/her custodian bank in time instructions for entry on the temporary shareholders register, the issuing of proxy documents and registration for the General Meeting. The account management organisation of the custodian bank shall request temporary entry of the holder of the nominee registered shares wishing to attend the General Meeting into the company's shareholders register no later than the above mentioned time.
A shareholder may attend the General Meeting and exercise his/her rights by way of a representative. The shareholder’s representative shall present a dated power of attorney or otherwise in a reliable manner prove his/her right to represent the shareholder. In case a shareholder participates the General Meeting by means of several representatives, representing the shareholder with shares entered into different book-entry accounts, the shares on the basis of which each representative represents the shareholder shall be identified in connection with the registration for the General Meeting.
Proxy documents, if any, should be delivered to SATO Corporation, Kati Laakso, PO Box 401, FI-00601 Helsinki by the expiry of the registration period.
Pursuant to Chapter 5 Section 25 of the Finnish Limited Liability Companies Act a shareholder attending the General Meeting is entitled to request information concerning the issues on the Meeting agenda.
On the date of this notice to the Annual General Meeting, 2 February 2017, SATO Corporation has a total of 56,783,067 shares and votes.
The Board of Directors proposes to the AGM that no dividend will be paid for the reporting year 2016.
Publication dates for interim reports:
January–March on 27 April 2017
January–June on 16 August 2017
January–September on 31 October 2017
The annual report for the financial period and interim reports are issued in Finnish and in English. They are available at the company's website www.sato.fi. Further information is available from viestinta (at) sato.fi.
Distribution of shares on 2 January 2017
|Balder Finska Otas AB (owner: Fastighets Ab Balder, 100%)||53.6|
|Stichting Depositary APG Strategic Real Estate Pool (owner: Stichting Pensioenfonds ABP, >95 %; manager: APG Asset Management NV)||22.6|
|Elo Mutual Pension Insurance Company||12.7|
|The State Pension Fund||4.9|
|The Finnish Construction Trade Union||1.1|
|Others (84 shareholders)||5.1|
On 2 January 2017, the Group had 89 shareholders entered in the book-entry register. The turnover of SATO Corporation's shares was 1.2 per cent during the reporting year.
SATO Corporation's Articles of Association as in force was registered on 15 March 2011. The Articles of Association does not include any provisions on redemption of shares.
On 31 December 2016, the company's share capital was EUR 4,442,192. The company has 56,783,067 shares. The share has no par value.
The company has one series of shares. The shares are included in the book-entry system maintained by Euroclear Finland Oy.