Notice to the Extraordinary General Meeting of Detection Technology Plc

Detection Technology Plc Company Announcement 25 August 2017 at 9:00 EEST

Notice to the Extraordinary General Meeting of Detection Technology Plc

Notice is given to the shareholders of Detection Technology Plc to the Extraordinary General Meeting to be held on Wednesday, 20 September 2017 at 14.00 at the Ahti Business Park, at the address Ahventie 4, FI-02170 Espoo. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 13:00.

A. Matters on the agenda of the Extraordinary General Meeting

The following matters will be considered at the Extraordinary General Meeting:

  1. Opening of the meeting
  2. Calling the meeting to order
  3. Election of persons to scrutinize the minutes and to supervise the counting of votes
  4. Recording the legality of the meeting
  5. Recording the attendance at the meeting and adoption of the list of votes
  6. Resolution on the number of members of the Board of Directors

Ahlström Capital Oy, who in total hold around 39% of the shares and votes of Detection Technology Oyj, proposes to the Extraordinary General Meeting that the number of members of the Board of Directors be supplemented by one (1), resulting in a total of six (6) members in the Board of Directors instead of the current five (5) members.

  1. Election of members of the Board of Directors

Ahlström Capital Oy, who in total hold around 39% of the shares and votes of Detection Technology Oyj, proposes to the Extraordinary General Meeting that Hannu Syrjälä and Pasi Koota be elected as new members of the Board of Directors for the following term of office ending at the conclusion of the next Annual General Meeting.

Ari Saarenmaa, elected to the Board of Directors at the Annual General Meeting, has announced that he will resign from the Board of Directors on 20 September 2017. The composition of the Board of Directors would thus be Andreas Tallberg, Petri Niemi, Heikki Allonen, Henrik Roos, Pasi Koota and Hannu Syrjälä.

All nominated persons have given their consent to the position. The presentation of the persons nominated for the Board of Directors is available at Detection Technology Plc’s website: www.deetee.com.

  1. Closing of the meeting

B. Documents of the Extraordinary General Meeting

The proposals for the resolutions on the matters on the agenda of the Extraordinary General Meeting set out above as well as this notice are available on Detection Technology Plc’s website at www.deetee.com. The proposals for the resolutions and the other above-mentioned documents are also available at the Extraordinary General Meeting.

The minutes of the Extraordinary General Meeting will be available on the above-mentioned website as from 4 October 2017.

C. Instructions for the participants in the Extraordinary General Meeting

1. Shareholders registered in the shareholders’ register

Each shareholder, who is registered on 8 September 2017 (the record date of the Extraordinary General Meeting) in the shareholders’ register of the Company held by Euroclear Finland Oy, has the right to participate in the Extraordinary General Meeting. A shareholder, whose shares are registered on his/her personal Finnish book-entry account, is registered in the shareholders’ register of the Company.

Changes in shareholdings occurring after the record date of the Extraordinary General Meeting shall not affect the right to attend the Extraordinary General Meeting or the number of votes of the shareholder.

A shareholder, who is registered in the shareholders’ register of the Company and who wants to participate in the Extraordinary General Meeting, shall register for the meeting no later than by 10 a.m. on 15 September 2017 by giving a prior notice of participation, which shall be received by the Company no later than the above-mentioned time.

Such notice can be given:

a) through the notice link on the Company’s website www.deetee.com;

b) by telephone +358 40 632 7200; or

c) by regular mail to Detection Technology Plc, Elektroniikkatie 10, 90590 Oulu.

In connection with the registration, a shareholder shall notify his/her name, personal identification number or Business ID, address, telephone number and the name of a possible assistant or proxy representative and the personal identification number of a proxy representative.

The personal data given to Detection Technology Plc. is used only in connection with the Extraordinary General Meeting and with the processing of related registrations.

The shareholder, his/her authorized representative or proxy representative shall, where necessary, be able to prove his/her identity and/or right of representation at the meeting venue.

2. Holders of nominee registered shares

A holder of nominee registered shares has the right to participate in the Extraordinary General Meeting by virtue of such shares based on which he/she would be entitled to be registered in the shareholders’ register of the Company held by Euroclear Finland Ltd on 8 September 2017 (the record date of the Extraordinary General Meeting). The right to participate in the Extraordinary General Meeting requires, in addition, that the shareholder has been registered into the temporary shareholders’ register held by Euroclear Finland Ltd on the basis of such shares at the latest by 10 a.m. on 15 September 2017. As regards nominee registered shares, this constitutes due registration for the Extraordinary General Meeting.

A holder of nominee registered shares is advised to request all necessary instructions regarding the registration in the temporary shareholders’ register of the Company, the issuing of proxy documents and registration for the Extraordinary General Meeting from his/her custodian bank without delay. The account management organization of the custodian bank has to register a holder of nominee registered shares, who wants to participate in the Extraordinary General Meeting, into the temporary shareholders’ register of the company at the latest by the time stated above.

3. Proxy representatives and powers of attorney

A shareholder may participate in the Extraordinary General Meeting and exercise his/her rights at the meeting by way of proxy representation.

A proxy representative shall produce a dated proxy document or otherwise in a reliable manner demonstrate his/her right to represent the shareholder. When a shareholder participates in the Extraordinary General Meeting by means of several proxy representatives representing the shareholder with shares at different securities accounts, the shares by which each proxy representative represents the shareholder shall be identified in connection with the registration for the Extraordinary General Meeting.

Possible proxy documents should be delivered in originals to Detection Technology Plc, Elektroniikkatie 10, 90590 Oulu before the end of the registration period.

4. Other instructions and information

Pursuant to Chapter 5 Section 25 of the Finnish Limited Liability Companies Act, a shareholder who is present at the Extraordinary General Meeting has the right to request information with respect to the matters to be considered at the meeting.

On the date of this notice to the Extraordinary General Meeting, 25 August 2017, the total number of shares and votes in Detection Technology Plc is 13,425,775.

Detection Technology Plc

Board of Directors

For more information:

Hannu Martola, President and CEO, +358 500 449 475, hannu.martola@nulldeetee.com

Petri Hiljanen, CFO, +358 40 591 7435, petri.hiljanen@nulldeetee.com

Nordea is the company’s Certified Advisor under First North rules.

Detection Technology Plc

Detection Technology is a global provider of X-ray imaging subsystems, components and services for medical, security and industrial applications. The company’s net sales grew 77% to EUR 76 million in 2016. The company has over 200 customers in 40 countries. Detection Technology employs over 400 people in Finland, China and the US. The company’s shares are listed at the Nasdaq First North Finland under the ticker symbol DETEC.

DISTRIBUTION:

Nasdaq Helsinki
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