Around 35 shareholders and guests attended the Annual General Meeting today. The meeting was chaired by Kåre Wetterberg.<\/p>\n
CEO summarized the year of 2019<\/strong> Decisions of the Annual General Meeting<\/strong> Dividend <\/strong><\/em> Election of the Board and auditor<\/strong><\/em> Fees<\/strong><\/em> Decision regarding nomination committee for the AGM 2021<\/strong><\/em> Authorisation for the Board to decide on new issues of shares <\/strong><\/em> The decision was taken with the required majority. Guidelines for remuneration for senior executives<\/strong><\/em> Minutes from the AGM<\/strong> Financial information<\/strong> Åseda, April 21, 2020<\/p>\n Board of ProfilGruppen AB (publ.)
\nCEO Fredrik Zöögling gave a summary of success and challenges for ProfilGruppen in 2019.
\nA summary of the CEO’s speech will be published on the company’s website.<\/p>\n
\nThe income statement and balance sheet as well as the consolidated income statement and the consolidated balance sheet for the 2019 financial year were adopted. <\/p>\n
\nFor the 2019 financial year, the Board decided that no dividend will be paid (previous year SEK 5.00 per share). <\/p>\n
\nThe following Board members were reelected; Jörgen Abrahamsson, Monica Bellgran, Bengt Stillström, Thomas Widstrand and Kåre Wetterberg. Kåre Wetterberg was elected as Chairman.
\nThe Company’s auditor, Ernst & Young AB, with Franz Lindström as auditor in charge, was reelected for the coming year.<\/p>\n
\nThe Annual General Meeting decided on fees for Board members in accordance with the nomination committees proposals. Hence, fees will be paid as follows:
\nTo the Chairman SEK 400,000.
\nTo other Board Members elected in the meeting not employed by the company SEK 155,000 each.
\nThe remuneration- and audit committees are included in the Board’s tasks and no additional fees will be awarded. No fees will be paid to Board Members and deputies elected by the employees.
\nRemuneration for auditors was decided in accordance with approved invoices.<\/p>\n
\nThe Annual General Meeting approved the proposal from the nomination committee on the procedural issues regarding how the new nomination committee is to be appointed and regarding its duties for the Annual General Meeting 2021.<\/p>\n
\nThe Annual General Meeting granted the Board authorisation, during the period until the next Annual General Meeting, on one or more occasions, with or without preferential rights for the shareholders, to make decisions regarding new issues of maximum 700,000 shares, corresponding to in total approximately 9.5 percent of the share capital. The decision on new issue may contain conditions stating that the shares issued may be paid by issue in kind, offsetting or otherwise under conditions in accordance to the Swedish Companies Act 13 chapter 5§ first paragraph 6. The Board is authorised also to decide on the other terms of a new issue of shares. <\/p>\n
\nThe reason for the authorisation is to enable the company to issue shares as payment for acquisitions of companies or shares of companies and\/or assets, which the Board deems to be of value to the ProfilGruppen group’s activities, or in order to strengthen the company’s capital position. <\/p>\n
\nThe AGM decided on guidelines for remuneration for senior executives according to the proposal of the Board. <\/p>\n
\nVerified minutes from the AGM will be published on the company’s website.<\/p>\n
\nThe interim report for the second quarter will be submitted on 15 July 2020, 14.00 CET. Dates for the release of financial information are available on the Group’s website. <\/p>\n
\nCorporate ID no. 556277-8943<\/p>\n