Nobia's 2012 Annual General Meeting
(Thomson Reuters ONE) -
Nobia held its Annual General Meeting in Stockholm today.
Election of Board members and auditors
In accordance with the Nomination Committee's proposal, the Annual General
Meeting re-elected Board members Rolf Eriksen, Bodil Eriksson, Morten
Falkenberg, Nora Førisdal Larssen, Johan Molin, Thore Ohlsson and Fredrik
Palmstierna. Lilian Fossum Biner was elected as a new Board member. Lotta Stalin
declined re-election. Furthermore, Johan Molin was re-elected Chairman of the
Board.
The company's auditors, KPMG AB, with Auditor in Charge Helene Willberg, were
re-elected for the period up to the end of the next Annual General Meeting.
Decision regarding appropriation of profits
The Annual General Meeting resolved in accordance with the Board's proposal that
all funds at the disposal of the Meeting be carried forward.
Fees to the Board of Directors
The Annual General Meeting resolved that fees would be paid to the Board of
Directors in the total amount of SEK 2,800,000.
Guidelines for remuneration to Group management
The Annual General Meeting resolved to adopt the guidelines for remuneration and
other employment conditions to Group management. The guidelines' main
stipulation is that remuneration to Group management corresponds to market
levels.
Introduction of Performance Share Plan and sale of treasury shares under the
Plan
In accordance with the Board's proposal, the Meeting resolved to introduce a
Performance Share Plan. The plan comprises approximately 100 employees and
imposes the requirement that participants must personally purchase shares. After
three years, the participants are entitled to allotment of shares in Nobia free
of charge, provided that certain conditions have been fulfilled, including
financial performance requirements based on Nobia's earnings per share for
2012-2013. Targets will be announced after the end of the measurement period.
For the Performance Share Plan, the Annual General Meeting resolved, in
accordance with the Board's proposal, to sell a maximum of 1,500,000 treasury
shares to the participants of the Plan.
Authorisation to acquire and sell shares
The Annual General Meeting resolved to authorise the Board of Directors, during
the period until the next Annual General Meeting, to acquire shares in an amount
limited so that the total holding of treasury shares does not exceed ten per
cent of all shares in the company. The Annual General Meeting also resolved to
authorise the Board of Directors, on one or more occasions, to resolve to sell
treasury shares, off NASDAQ OMX Stockholm.
Speech by the President
In his speech, Nobia's President and CEO Morten Falkenberg described the
company's performance in 2011 and the Group's strategic initiatives entitled
Growth and Efficiency.
For further information
Lena Schattauer, Head of Investor Relations
+46 (0)8 440 16 07 or +46 (0)705 95 51 00
lena.schattauer(at)nobia.com
Nobia develops and sells kitchens through some 20 strong brands in Europe,
including Magnet in the UK, Hygena in France, HTH, Norema, Sigdal, Invita,
Marbodal, Myresjökök in Scandinavia and Petra, Parma and A la Carte in Finland,
ewe, Intuo and FM in Austria, Optifit in Germany, as well as Poggenpohl
globally. Nobia generates profitability by combining economies of scale with
attractive kitchen offerings. The Group has approximately 7,400 employees and
net sales amounted to about SEK 13 billion in 2011. The share is listed on the
NASDAQ OMX Stockholm under the short name NOBI. Website: www.nobia.com.
Annual General Meeting 2012:
http://hugin.info/133488/R/1601276/505574.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Nobia via Thomson Reuters ONE
[HUG#1601276]
Unternehmensinformation / Kurzprofil:
Datum: 11.04.2012 - 19:08 Uhr
Sprache: Deutsch
News-ID 134058
Anzahl Zeichen: 4600
contact information:
Town:
Stockholm
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 222 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Nobia's 2012 Annual General Meeting"
steht unter der journalistisch-redaktionellen Verantwortung von
Nobia (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
