Results of EGM

RNS Number : 9079Q

Ruukki Group PLC

11 August 2010

 



12:00 London, 14:00 Helsinki, 11 August 2010 - Ruukki Group Plc, Stock Exchange Release

RESULTS OF RUUKKI GROUP PLC'S EXTRAORDINARY GENERAL MEETING

Ruukki Group Plc ("Ruukki" or the "Company") (LSE: RKKI, OMX: RUG1V) is pleased to announce all the resolutions proposed at today's Extraordinary General Meeting were passed.

There will be nine members on the Company's Board.

Mr Alwyn Smit has been appointed as an executive director of the Company and joins the Board, effective today.  He will continue in his role as Chief Executive Officer of the Company.  Mr Smit was appointed as Ruukki's Chief Executive Officer on 12 September 2008, however for the period between the Annual General Meeting on 21 April 2010 and today's Extraordinary General Meeting, he has not been a member of the Board of Directors.

Dr Danko Koncar has been appointed as an executive director of the Company and joins the Board, effective today. Following this appointment, Dr Koncar will assume the role of "Director Responsible for New Business" and resigns as CEO of Ruukki's Minerals Business today.  His direct reports will now report to Mr Smit, the Company's Chief Executive Officer.

Save as set out below there are no matters which require disclosure under UK Listing Rule 9.6.13.

Mr Alwyn Smit is a former director of Decillion Limited, an investment banking boutique, listed on the Johannesburg Stock Exchange from 1996 to 2006.

RUUKKI GROUP PLC

Alwyn Smit

CEO

Ruukki Group is an industrial group focusing on minerals and wood processing businesses. Ruukki Group Plc's shares are listed on NASDAQ OMX Helsinki and the London Stock Exchange.

For additional information, please contact:

Ruukki Group Plc

Alwyn Smit, CEO: [phone]

www.ruukkigroup.fi

Investec Bank plc

Stephen Cooper: [phone]

Pelham Bell Pottinger

Charles Vivian: [phone]

James MacFarlane: [phone]

 

END

 

 

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