Taaleri Oyj Approves Board Changes; Approves Dividend for the Financial Year Ended 31 December 2019, Payable on 28 May 2020
May 18, 2020 at 04:45 am EDT
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Taaleri Oyj announced that at its AGM held on 18 May 2020, the shareholders elected Petri Castrén was as a new member of the Board. The shareholders also elected Juhani Elomaa as the chairman of the Board of Directors and Juha Laaksonen as a deputy chairman.
The General Meeting decided according to the proposal of the board of directors that a dividend of EUR 0.16 per share be paid based on the balance sheet adopted for the financial year ended 31 December 2019. The dividend will be paid to shareholders who on the dividend record date of 20 May 2020 are entered as shareholders in the company's shareholder register held by Euroclear Finland Ltd. The dividend is to be paid on 28 May 2020. In addition, the General meeting authorized the Board of Directors to at a later date decide on a payment of a maximum dividend of EUR 0.16 per share for the financial year 2019 with a payment at one or more occasions.
Taaleri Oyj is a Finland-based private equity company which focuses on renewable energy and other alternative investments. The Company creates, for example, wind and solar power, biofuels and affordable rental homes. Taaleri Oyj has two business segments: Private Asset Management and Strategic Investments. Private Asset Management consists of renewable energy, real estate and bioindustry businesses. The Strategic Investments segment includes Vakuutusosakeyhtio Garantia. The Company has numerous subsidiaries, including Taaleri Paaomarahastot Oy, Taaleri Biojalostamo GP Oy, Taaleri Energia Iberia SL, Taaleri Energia North America LLC as well as Taaleri Rauman Asuntorahaston hallinnointiyhtio Oy.