13 May 2019, 19:30
Summary from Annual General Meeting of Sdiptech AB (publ)
The shareholders of Sdiptech AB (publ) (the “Company”) gathered in Stockholm, Sweden, on Monday 13 May 2019 for the Annual General Meeting (the “Meeting”)
The income statements and balance sheets for the Company and the group were approved and the Board of Directors and the Managing Director were discharged from liability for the financial year 2018.
In accordance with the proposal of the Board of Directors, the Meeting resolved on a dividend of SEK 8.00 per preference share to be paid quarterly with SEK 2.00 per preference share. Record dates for dividends on the preference shares are 14 June 2019, 13 September 2019, 13 December 2019 and 13 March 2020. The Meeting resolved that no dividends shall be paid on ordinary shares of series A or B and that the remaining accumulated results instead are carried forward on new account.
In accordance with the proposal by the Nomination Committee, the Meeting resolved to (i) re-elect Ashkan Pouya, Johnny Alvarsson, Markus Sjöholm and Jan Samuelson as members of the Board of Directors, (ii) elect Birgitta Henriksson and Urban Doverholt as new members of the Board of Directors, and (iii) re-elect Jan Samuelson as new Chairman of the Board of Directors.
In accordance with the proposal by the Nomination Committee, the Meeting resolved that total fees of SEK 1,200,000 are to be paid to the Board of Directors, of which SEK 200,000 shall be paid to each Board member. The Meeting resolved further that for the Company’s Audit Committee, a fee of SEK 75,000 is to be paid to the chairman and a fee of SEK 50,000 to be paid to each member (one to two members). For the Company’s Investment Committee, a fee of SEK 40,000 was decided to be paid to the chairman and a fee of SEK 40,000 to be paid to each member (one to two members). No fees are to be paid for the Company’s Remuneration Committee.
In accordance with the proposal by the Nomination Committee, the registered accounting firm KPMG AB was re-elected as the auditor of the Company, with the authorised public accountant Duane Swanson as the auditor in charge. The auditors’ fee shall be paid upon approval of their invoice.
The Meeting passed a resolution in accordance with the proposal of the year’s Nomination committee to authorize the Chairman of the Board of Directors to contact the largest shareholders by vote as of 15 October 2019 and ask these shareholders to appoint members who, together with the Chairman of the Board of Directors, would constitute the Nomination committee. The Nomination committee shall consist of four members.
The Meeting approved the Board of Directors’ proposal regarding guidelines for remuneration to senior management.
Stockholm, 13 May 2019
Sdiptech AB (publ)
For additional information, please contact:
Jakob Holm, CEO, +46 761 61 21 91, firstname.lastname@example.org
Bengt Lejdström, CFO, +46 702 74 22 00, email@example.com
Sdiptech's common share of series B share is traded under the short name SDIP B with ISIN code SE0003756758. Sdiptech AB's preferred shares are traded under the short name SDIP PREF with ISIN code SE0006758348. Sdiptech AB's Certified Adviser at Nasdaq First North Stockholm is Erik Penser Bank, +468-463 83 00, firstname.lastname@example.org. Further information is available on the company's website: www.sdiptech.com
Sdiptech AB is a technology group with a primary focus on infrastructure segments critical to well-functioning societies and to welfare, e.g. water & sanitation, power & energy, transportation, energy efficiency and air climate. As part of our offering in urban areas, we also provide niched technical services for buildings and real-estate such as renovation of elevators and roofs. The company has approximately SEK 1,500 million in sales and is based in Stockholm.
The information was provided by the above contact persons for publication 13 May 2019 at 19:30 CEST.