The Annual General Meeting of shareholders of Orion Corporation will be held at 2:00 p.m. Finnish time on Tuesday 20 March 2012 in the Helsinki Fair Centre. Shareholders intending to attend the Annual General Meeting must be registered as shareholders in the Company's shareholder register, maintained by Euroclear Finland Ltd, on 8 March 2012.
A holder of nominee registered shares has the right to participate in the Annual General Meeting on the basis of those shares as would entitle him/her to be registered in the shareholder register maintained by Euroclear Finland Oy on 8 March 2012. Additionally, the holder of those shares is requested to be temporarily entered in the shareholder register maintained by Euroclear Finland Oy no later than 15 March 2012 at 10:00 a.m. Finnish time. For nominee registered shares, this constitutes due registration for the Annual General Meeting.
A holder of nominee registered shares is advised to request early enough the necessary instructions concerning the temporary registration in the Company’s register of shareholders, the issuing of proxy documents and the registration for the Annual General Meeting from his/her custodian bank. The holder of nominee registered shares who aims to participate in the Annual General Meeting, must be temporarily entered by the custodian bank in the Company’s register of shareholders no later than the above-mentioned time.
The Annual General Meeting will be held in Finnish. Information on the AGM and the documents for the meeting are available on Orion's website www.orion.fi/agm2012.
A shareholder, who intends to participate in the Annual General Meeting, shall register for the Meeting by giving a prior notice of participation to the Company no later than 15 March 2012 at 10.00 a.m. Finnish time. The notice can be given in either of the following ways:
a) Through Internet, at www.orion.fi/en
b) By telephone to +358 10 426 5252 (Monday–Friday 8:00 a.m. – 6:00 p.m.)
c) By letter to Orion Corporation, Treasury, P.O.Box 65, FI-02101 Espoo, Finland.
In the registration, a shareholder shall notify his/her name, personal identification code or the company code, address, phone number and the name and the personal identification of a possible assistant. The personal registering details submitted to Orion Corporation will only be used in connection with the Annual General Meeting and necessary registrations relating to it.
Notices of attendance and any proxies must be received by Orion Corporation by the deadline.
The Board of Directors of Orion Corporation proposes to the Annual General Meeting on 20 March 2012 that a dividend of EUR 1.30 per share be paid for the financial year that ended on 31 December 2011. The dividend payout ratio would be 87.2%. In addition, the Board of Directors proposes that EUR 0.12 per share be distributed from the reserve for invested unrestricted equity as a repayment of capital.
If the AGM approves these proposals, the dividend and the repayment of capital shall be paid to the Orion Corporation shareholders registered in the shareholder register, maintained by Euroclear Finland, on 23 March 2012, the record date for dividend payment. According to the proposal by the Board of Directors, the payment date shall be 4 April 2012.
Shareholders that have not transferred their shares to the book-entry system by the record date for dividend payment shall receive the dividend payment only after their shares have been transferred to the book-entry system.
Orion's publications are available in English and Finnish at www.orion.fi/news-and-media.
Orion's publications can be subscribed to by filling out the form available for the purpose at www.orion.fi/news-and-media, or by an e-mailed request to Orion Corporate Communications at corpcom (at) orion.fi.
When sending statutory information to its shareholders, Orion uses the mailing addresses that are entered in the shareholder register maintained by Euroclear Finland. Statutory documents that must be sent by mail to all shareholders are, e.g., invitations to General Meetings under certain conditions specified in the Finnish Limited Liability Companies Act.
Orion's Annual Report 2011 is only provided as an online electronic version.
Shareholders are advised to notify a change of address to all banks and brokerage firms where the shareholder has a book-entry account. Orion cannot change an address in the book-entry system on behalf of the shareholder.
Data in the register of subscribers to publications can be updated using the registration form on Orion's website.
Orion observes a closed period of three weeks prior to announcing its financial results. During this period, representatives of the Company do not meet analysts or investors and do not attend any events relating to the capital markets.
During the closed period, the Company does not comment on the outlook for the Company or the financial performance for the on-going or non-disclosed period.