2015 ANNUAL GENERAL MEETING OF BURE EQUITY AB (PUBL)
The Annual General Meeting (AGM) of Bure Equity AB (publ) on 4 May 2015 dealt with the following items of business, among others:
Election of Board members
As Bure’s Board of Directors, the AGM re-elected sitting Board members Eva Gidlöf, Carl Björkman, Hans Biörck, Bengt Engström, Patrik Tigerschiöld and Mathias Uhlén. Charlotta Falvin was elected as a new Board member. Patrik Tigerschiöld was re-elected as Board Chairman. The AGM decided that the number of Board members shall be seven, which is one more Board member than in the previous year.
Election of auditor
The AGM elected the auditing firm of Öhrlings PricewaterhouseCoopers AB as the company’s auditor to serve for the period until the 2016 AGM. Michael Bengtsson was appointed as Auditor in Charge.
Resolution regarding dividends
The AGM resolved to approve a cash dividend of SEK 1 per share as ordinary dividend. The record date was set for 6 May 2015, which means that the dividends are expected to be disbursed on 11 May 2015.
Principles for remuneration and other terms of employment for senior executives
The AGM approved the Board’s proposed principles for remuneration and other terms of employment for senior executives.
Resolution regarding reduction of the share capital and a bonus issue
The AGM resolved to cancel the treasury shares that have been repurchased during the year. This will entail a reduction in the company’s share capital by SEK 36,937,904.37 through the cancellation of 5,247,800 shares without repayment for transference to non-restricted reserves.
As a consequence of the cancellation, the AGM resolved to increase the company’s share capital by way of a bonus issue in an amount equal to the reduction, SEK 36,937,904.37, through a transfer from the company’s non-restricted equity. The bonus issue will be carried out without the issuance of new shares.
Resolution regarding the repurchase of shares
The AGM authorized the Board of Directors, until the date of the 2016 AGM, to repurchase shares in order to adapt the company’s capital structure to the company’s capital requirements from time to time and thereby contribute to greater shareholder value. Following the repurchase, the company may hold no more than 10 per cent of all shares in the company.
Shares may be acquired through trading on Nasdaq OMX Stockholm (“the stock exchange”), or in accordance with a tender offer to all of the company’s shareholders. Shares may be acquired during the period from 4 May 2015 until the next AGM. However, no shares will be acquired during a period of 30 days prior to the publication of a quarterly report, including the date of publication. Acquisitions on the stock exchange may take place only at a price per share that falls within the registered price interval at any given time. Payment for the shares shall be made in cash. Shares may be acquired on one or several occasions.
Bure Equity AB currently holds 0 treasury shares. The total number of shares in issue by Bure Equity AB currently amounts to 70,833,710. The maximum number of shares that can be repurchased is thus 7,083,371.
Exercise of repurchase authorization
At the statutory meeting following the AGM, the Board decided to exercise this authorization.
Stockholm, 5 May 2015
Bure Equity AB (publ)
For more information contact:
|Henrik Blomquist, CEO
Tel. +46 8 – 614 00 20
|Max Jonson, CFO
Tel. +46 8 – 614 00 20
The information contained herein is subject to the disclosure requirements of Bure Equity AB (publ) under the Swedish Securities Market Act. The information was publicly communicated on 5 May 2015, 11:00 a.m. CET.