Eniro's Board Will not Go Ahead with Planned EGM

Due to its revised ownership structure, the Board of Directors of Eniro AB (publ) decided today not to convene an Extraordinary General Meeting intended to deal with a staff stock options plan.

On November 27, 2001, Telia and Elisa Communications announced that they had divested their holdings in Eniro, amounting to an aggregate total of over 30 percent of the corporation's stock. This factor, combined with intense trading, means that over 50 percent of Eniro's stock has changed hands during the present week. The Board of Directors considers that corporate governance issues must be founded on broad-based support among stockholders, and accordingly, has decided not to convene an EGM, as previously intended. Bromma, Sweden, November 29, 2001 ENIRO AB (publ)

About Us

Eniro is a search company that aggregates, filters and organizes local information. Our growth is driven by users’ increasing mobility and multiscreen behavior, where we are at the forefront with modern technical solutions. For more than 100 years Eniro has helped people find local information and companies find customers. Today it is a multiscreen solution – our users search for information using their smart phones, tablets and desktops. Mobile advertising is today the fastest growing part of Eniro’s business. Eniro is the local search engine. A smart shortcut to what you need, no matter where you are or where you are going. Eniro is one of the largest search companies in the Nordic region and Poland. The company has approximately 2,000 employees and has been listed on NASDAQ Stockholm since 2000. During 2014, Eniro revenues amounted to SEK 3,002m and EBITDA was SEK 631m. Approximately 88 percent of Eniro advertising revenues come from multiscreen channels. The company’s headquarters are located in Stockholm, Sweden. More on Eniro at www.enirogroup.com. Eniro – Discover local. Search local.