Bulletin from Ratos's AGM 16 April 2015
(Thomson Reuters ONE) -
This information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act or demands made in the exchange rules.
Ratos's Annual General Meeting (AGM) was held on16 April 2015 at Stockholm
Waterfront Congress Centre.
Election of Board of Directors and Auditor
The Meeting resolved in accordance with the Nomination Committee's proposal and
decided to re-elect Board members Staffan Bohman, Arne Karlsson, Annette
Sadolin, Charlotte Strömberg, Jan Söderberg and Per-Olof Söderberg. Karsten
Slotte was elected as a new member of the Board. Arne Karlsson was elected as
Chairman of the Board. A more detailed presentation of the Board is available at
www.ratos.se.
The AGM also elected PricewaterhouseCoopers AB as auditors for the period until
the next annual general meeting has been held.
Dividend on Class A and Class B shares
The AGM resolved on an ordinary dividend of SEK 3.25 (3.00) per Class A and
Class B share. The record date for the right to receive dividends was scheduled
as 20 April and dividends are expected to be paid on 23 April 2015.
Dividend on Class C preference shares
The AGM resolved that a dividend on outstanding Class C preference shares until
the 2016 Annual General Meeting, in accordance with the Articles of Association,
shall be paid quarterly in an amount of SEK 25 per Class C preference share,
although a maximum amount of SEK 100. The record dates for the quarterly
dividends until the next AGM were scheduled as 15 May 2015, 14 August 2015, 13
November 2015 and 15 February 2016.
Purchase of treasury shares
The AGM gave the Board a mandate to decide, during the period until the next
AGM, on repurchase of a maximum number of shares so that the company's holding
of treasury shares does not at any time exceed 7% of the total number of shares
in the company. At the subsequent statutory meeting, the Board decided to give
the CEO, in consultation with the Chairman, a mandate to carry out purchases of
treasury shares in accordance with the mandate given to the Board by the AGM.
Incentive programmes
The AGM resolved to issue a maximum of 800,000 call options on Ratos Class B
treasury shares to be transferred for a market premium to key people within
Ratos. The AGM further resolved to transfer a maximum of 800,000 treasury shares
when the above-mentioned options are exercised.
The Meeting also resolved on a cash-settled option programme related to Ratos's
investments in the holdings. The programme will be carried out by issuing
synthetic options which key people within Ratos will be entitled to acquire at a
market price.
The Meeting also resolved on a transfer of a maximum of 16,000 Ratos B treasury
shares to administrative employees at Ratos.
Authorisation for new issue of Class B shares to be used at acquisitions
The AGM resolved to authorise the Board, during the period until the next AGM,
in conjunction with agreements on company acquisitions, on one or several
occasions, with or without deviation from the pre-emptive rights of
shareholders, for a cash payment, through set-off or non-cash, to make a
decision on a new issue of Ratos shares. This authorisation comprises a maximum
of 35 million Class B shares.
Authorisation for new issue of preference shares to be used at acquisitions
The AGM further resolved to authorise the Board, during the period until the
next AGM, in conjunction with agreements on company acquisitions, on one or
several occasions, with or without deviation from the pre-emptive rights of
shareholders, for a cash payment, through set-off or non-cash, to make a
decision on a new issue of Class C and/or Class D preference shares. The
authorisation shall comprise a maximum total of 1,250,000 Class C and/or Class D
preference shares.
The AGM further resolved on amendments to the Articles of Association to enable
a new issue of Class D preference shares as well as dividends on Class C and/or
Class D shares which may be issued prior to the 2016 AGM to be paid quarterly of
SEK 25 per Class C and/or Class D preference share, although a maximum of SEK
100.
For further information, please contact:
Arne Karlsson, Chairman of the Board, +46 8 700 17 00
Elin Ljung, Head of Corporate Communications, +46 8 700 17 20
Financial calendar from Ratos:
Interim report January-March 2015 7 May 2015
Interim report January-June 2015 14 August 2015
Interim report January-September 2015 6 November 2015
Ratos is a private equity conglomerate. The company's mission is to maximise
shareholder value over time through the professional, active and responsible
exercise of its ownership role in primarily unlisted medium sized Nordic
companies. Ratos's holdings include AH Industries, Aibel, Arcus-Gruppen, Biolin
Scientific, Bisnode, DIAB, Euromaint, GS-Hydro, Hafa Bathroom Group, HENT, HL
Display, Inwido, Jøtul, KVD, Ledil, Mobile Climate Control, Nebula and Nordic
Cinema Group. Ratos is listed on Nasdaq Stockholm and market capitalisation
amounts to approximately SEK 23 billion.
Press release (PDF):
http://hugin.info/1180/R/1911969/682300.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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: Ratos via GlobeNewswire
[HUG#1911969]
Unternehmensinformation / Kurzprofil:
Datum: 17.04.2015 - 08:31 Uhr
Sprache: Deutsch
News-ID 386531
Anzahl Zeichen: 6242
contact information:
Town:
Stockholm
Kategorie:
Business News
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