Net Insight AB: Bulletin from the Annual General Meeting in Net Insight AB (publ) on 10 May 2016
(Thomson Reuters ONE) -
Stockholm, Sweden - The following decisions were passed at the Annual General
Meeting (the "AGM") in Net Insight AB on 10 May 2016. The board of directors'
complete proposals has previously been published and is available at the
company's website, www.netinsight.net
Approval of the annual report, appropriation of result and discharge from
liability
The AGM decided to adopt the income statement and balance sheet, consolidated
income statement and balance sheet for 2015. Furthermore, it was decided that
the company's results shall be carried forward and thus no dividend will be
distributed. The AGM decided to discharge the board members and the managing
director from liability.
Number of board members and auditors, election of board members and auditors and
fees to the board members and auditors
The AGM decided that the number of board members, appointed by the shareholders'
meeting, should be seven without deputies. Lars Berg, Gunilla Fransson, Anders
Harrysson, Cecilia Beck-Friis, Crister Fritzson and Jan Barchan were re-elected
and Charlotta Falvin was elected members of the board. Lars Berg was re-elected
chairman of the board.
The AGM decided that the number of auditors shall be one without deputies.
PricewaterhouseCoopers AB was re-elected as the company's auditor with Mikael
Winkvist as auditor in charge.
The AGM decided that the remuneration to the board should amount to SEK
1,870,000 to be allocated with SEK 550,000 to the chairman of the board of
directors and SEK 220,000 to each other member of the board of directors who are
not employees in the company. For work relating to committees, each member
appointed by the Board of Directors shall receive SEK 10,000 per meeting.
Remuneration to the auditor will be on approved account.
Resolution regarding the nomination committee and guidelines for remuneration
and other terms of employment for the group management
The AGM resolved to approve the proposed instructions for the nomination
committee and the board of directors' proposal regarding guidelines for
remuneration and other terms of employment for the group management.
Resolution on the issue of synthetic options
The AGM resolved to introduce a cash-based option programme related to Net
Insight's share price development, mainly in line with the synthetic option
programme adopted by the annual general meeting 2015. The opportunity to acquire
synthetic options shall include all of the approximately 140 employees within
the Swedish organization of the Net Insight group that are residents in Sweden.
A maximum total of 1,150,000 synthetic options may be issued in Option Programme
2016.
Resolution regarding authorization for the board of directors to resolve to
repurchase and transfer of own shares
The AGM resolved to authorize the board of directors to resolve to repurchase,
on one or several occasions until the next annual general meeting, as many own
shares as may be purchased without the company's holding at any time exceeding
5 per cent of the total number of shares in the company. Further, the AGM
resolved to authorize the board of directors to resolve, on one or several
occasions until the next annual general meeting, to transfer (sell) own shares.
The purpose of the authorization to repurchase own shares is to promote
efficient capital usage in the company, to provide flexibility as regards the
company's possibilities to distribute capital to its shareholders and to provide
hedging for the company's option programme. The purpose of the authorization to
transfer own shares is to enable the board of directors to make corporate
acquisitions, product acquisitions or enter into collaboration agreements, or to
raise working capital or broaden the shareholder base or for use in the context
of the company's incentive plans or to provide hedging for the company's option
programme.
For further information, please contact:
Fredrik Tumegård, CEO of Net Insight, +46 8 685 04 00,
fredrik.tumegard(at)netinsight.net
Net Insight AB discloses the information provided herein pursuant to the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was submitted for publication on May 10, 2016 at 12.15 pm CET.
About Net Insight
Net Insight's vision is to enable a live and interactive media experience for
anyone on earth. Net Insight delivers media transport solutions that empower
broadcasters, content owners and network service providers to activate their
audiences by providing a quality-of-experience worth paying for, live and local
content that's part of their world and interactive experiences they want to be
part of.
The company's solutions enable live, interactive and on-demand media transport,
with operational simplicity, to let customers focus on delivering the best
possible experience to their audiences. Net Insight's strength lies in enabling
lossless video transport at any scale, from live contribution via the Internet,
to ultra-high-definition distribution in managed media networks spanning the
globe.
More than 500 world-class customers run mission critical media services using
Net Insight's solutions, covering more than 60 countries worldwide. Net Insight
is listed on Nasdaq Stockholm.
For more information, please visit netinsight.net
Bulletin from the Annual General Meeting in Net Insight AB (publ) 2016:
http://hugin.info/130084/R/2011135/744472.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: Net Insight AB via GlobeNewswire
[HUG#2011135]
Unternehmensinformation / Kurzprofil:
Datum: 10.05.2016 - 12:15 Uhr
Sprache: Deutsch
News-ID 469955
Anzahl Zeichen: 6725
contact information:
Town:
Stockholm
Kategorie:
Business News
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