Olvi Oyj's Articles of Association Confirmed
Olvi Oyj has confirmed its Articles of Association, defining the company's business scope from malts and soft drinks to real estate and securities. The document was published on the company's investor relations website.
Olvi Oyj, a Finnish beverage company, has finalized and published its Articles of Association, detailing its operational scope and corporate governance. The articles specify the company's business as the manufacturing and sale of malts, soft drinks, mineral waters, ciders, and other alcoholic beverages, alongside related food industry products and associated services.
The company's activities are not limited to beverages, as the Articles of Association also permit Olvi to own real estate, trade in securities, and engage in other investment activities. The company can conduct these operations either directly or through its subsidiaries and associated companies. Olvi Oyj is domiciled in Iisalmi, Finland.
Key provisions within the Articles of Association outline the company's share capital structure, setting a minimum of 15 million euros and a maximum of 60 million euros. The shares are divided into Series K and Series A, with specific minimum and maximum numbers defined for each series.
Furthermore, the document details the structure and responsibilities of the Board of Directors, the appointment of the Managing Director, signing authorities for the company, and the requirements for auditors. It also includes regulations for holding General Meetings, allowing for remote participation, and specifies procedures for issuing meeting notices.