Report from ÅF's Annual General Meeting 2016
(Thomson Reuters ONE) -
For further information:
Jacob Landén, Senior Vice President, General Counsel, +46 708 94 12 16
On Wednesday April 27, 2016, ÅF AB (publ)'s annual general meeting was held at
the ÅF Group's headquarters in Solna, Sweden.
Adoption of the Income Statement and the Balance Sheet
The meeting adopted the income statements and balance sheets for the Group and
the parent company for 2015. The members of the Board of Directors and the
President were discharged from liability for the fiscal year 2015.
Dividend
The proposed dividend of SEK 3.75 per share was approved by the AGM. The record
day for dividend is Friday, April 29 and payment from Euroclear Sweden will be
Wednesday, May 4, 2016.
Board of Directors
All board members, Marika Fredriksson, Staffan Jufors, Anders Narvinger, Björn O
Nilsson, Maud Olofsson, Joakim Rubin, Kristina Schauman and Anders Snell were
reelected. Anders Narvinger was reelected as chairman of the board.
The auditing company Ernst & Young AB - EY -, who intends to appoint Hamish
Mabon as auditor in charge, was reappointed as auditor of the Company.
Board of Directors' Fees
The meeting decided that the yearly remuneration to the members of the Board
work shall be SEK 650 000 for the Chairman and SEK 275 000 to each of the other
seven members of the Board. For the work of the Audit Committee, it was decided
on a fee of SEK 100 000 to the Chair and SEK 50 000 to each of the other two
members. For the work of the Remuneration Committee, it was decided on a fee of
SEK 75 000 to the Chair and SEK 45 000 to each of the other two members.
Convertible Debentures for Management and Key Staff
In accordance with the Board of Directors' proposals it was decided that ÅF AB
shall raise a convertible subordinated loan of a nominal maximum of SEK
200 000 000 through the issue of convertible debentures. If the conversion rate
at the moment of issue will be determined at an amount which would lead to a
dilution after full conversion by more than 2% of the share capital, the maximum
loan amount shall be reduced so that the maximum dilution will be 2%. The
subscription price for each convertible should correspond to its nominal amount.
It was also decided, to mitigate the dilution the conversion otherwise can
result in, to authorise the Board to acquire as many shares as subscribed
convertible debentures may convert into. It was also decided to reduce the share
capital corresponding to the number of shares equal to the number of convertible
debentures subscribed to.
Transfer of own shares
The Board was authorised, for the period until the next annual general meeting,
to decide on the transfer of own shares on Nasdaq Stockholm and transfer of own
shares to participants in the Performance-Related Share Programmes from 2012 -
2014.
Authorisation on new issue of shares
The Board was also, for the time until the next annual general meeting,
authorised to decide on new share issues of B shares for consideration other
than in cash or, with preferential rights for the shareholders, against cash
payment. The number of newly issued shares shall not in aggregate exceed 10
percent of the registered share capital.
Corporate Communication
ÅF AB (publ)
ÅF is an engineering and consulting company for the energy, industrial and
infrastructure markets, creating progress for our clients since 1895. By
connecting technologies we provide profitable, innovative and sustainable
solutions to shape the future and improve people's lives. Building on our strong
base in Europe, our business and clients are found all over the world.
ÅF - Innovation by experience
Press release (PDF):
http://hugin.info/1253/R/2007537/742164.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: ÅF AB via GlobeNewswire
[HUG#2007537]
Unternehmensinformation / Kurzprofil:
Datum: 27.04.2016 - 18:05 Uhr
Sprache: Deutsch
News-ID 466959
Anzahl Zeichen: 4739
contact information:
Town:
Stockholm
Kategorie:
Business News
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