Stock exchange release
February 15, 2007
NOTICE OF ANNUAL GENERAL MEETING
NOTICE OF ANNUAL GENERAL MEETING
The shareholders of Fiskars Corporation are invited to attend the Annual General
Meeting scheduled at 3:00 p.m. on Wednesday, March 21, 2007. The meeting will be
held at Finlandia Hall in the Helsinki Hall, Mannerheimintie 13 e, Helsinki.
Entrance from Mannerheimintie - door M3 and from Karamzininkatu - door K3.
The following matters will be on the agenda:
1. The matters referred to in Article 14 of the Articles of Association
2. The Board of Directors' proposal for an authorization to the Board of
Directors to acquire the Company's own shares
The Board proposes that the General Meeting authorize the Board to acquire the
company's own shares altogether no more than 7,751,019, of which no more than
5,494,449 are series A shares and no more than 2,256,570 are series K shares,
taking into consideration the provisions of the Companies Act regarding the
maximum amount of own shares that the Company is allowed to possess. The proposed
amount is less than 10 percent of the company's total share capital and voting
rights.
The shares can be repurchased in one or more lots. Own shares may be repurchased
in another proportion than the shareholders' proportional shareholdings (directed
purchase). The share price will be no higher than the highest price paid for the
shares of Fiskars Corporation in public trading at the time of purchase.
The authorization may be used to acquire shares to be used as consideration in
future mergers and acquisitions or industrial reorganizations or for the
development of the capital structure of the company, or as part of its management
incentive system.
The Board may also propose that the share capital be decreased by invalidation of
acquired shares.
This authorization shall remain in force until the end of the next Annual General
Meeting.
3. The Board of Directors' proposal for an authorization to the Board of
Directors to convey the Company's own shares
The Board proposes that the General Meeting authorize the Board to convey a
maximum of 5,494,449 of series A shares and a maximum of 2,256,570 of series K
shares which are in the possession of the company.
The Board shall be authorized to determine to whom and in what order the
company's own shares shall be conveyed. The Board may decide on the conveyance of
the shares otherwise than in proportion to the shareholders' pre-emptive
subscription rights.
The Board shall decide on the conveyance price of the shares and on the other
terms related to their conveyance, and the shares may be conveyed for other
consideration than cash. The authorization includes the right to set the
principles used to determine the conveyance price. The shares may be conveyed as
consideration in future mergers and acquisitions or industrial reorganizations or
for the development of the capital structure of the company, or as part of its
management incentive system. The shares may be conveyed also through public
trading.
This authorization shall remain in force until the end of the next Annual General
Meeting.
Annual General Meeting Documents
Copies of the financial statements and the proposals of the Board of Directors
will be available for shareholders for inspection as of March 14, 2007 at Fiskars
Corporation's head office at Mannerheimintie 14 A, Helsinki. The Annual Report
2006 is also available on the corporate website www.fiskars.fi. Copies of the
documents will be mailed to shareholders upon request.
Right to attend the meeting
A shareholder who on March 9, 2007 is registered as shareholder in the
shareholders' register of the company maintained by Finnish Central Securities
Depository Limited has the right to attend the General Meeting. In order to
enable participation at the General Meeting, nominee registered shareholders
shall contact the relevant account holder so that a temporary registration per
March 9, 2007 can be made in the shareholders' register.
Notification of participation
Shareholders wishing to attend the General Meeting shall notify the company of
their intention to participate not later than Thursday, March 15, 2007 by 3.00
p.m.
- on the Fiskars Corporation website www.fiskars.fi,
- by letter to Fiskars Corporation, P.O. Box 235, 00101 Helsinki, Finland, or
- by phone Monday-Friday between 9.00 a.m. and 3.00 p.m. at telephone +358 9 6188
6231.
The notification should arrive by the end of the said notification period.
Please forward possible proxies to the postal address given above prior to the
expiry of the notification period.
Dividend
The Board of Directors proposes to the General Meeting that a dividend of EUR
0.60 per share of series A and EUR 0.58 per share of series K be paid for the
financial period that ended on December 31, 2006.
The dividend will be paid to shareholders who are registered in the shareholders'
register maintained by Finnish Central Securities Depository Limited on the
record date, which is March 26, 2007.
The dividend payment date proposed by the Board is April 2, 2007.
Helsinki, February 14, 2007
Board of Directors
Fiskars Corporation
Jutta Karlsson Leena Kahila-Bergh
General Counsel Vice President,
Corporate Communications