Resolution by Fabege’s Annual General Meeting on 11 April 2016
At the Annual General Meeting (AGM) of Fabege AB on April 11, 2016 the shareholders approved the Board’s proposal for 2015, a dividend of SEK 3.50 per share. The record date for payment of the dividend was set at April 13, 2016. It is expected that the dividend will be paid through Euroclear Sweden AB on 18 April 2016.
The AGM decided to re-elect the Board Members Eva Eriksson, Märtha Josefsson, Pär Nuder, Mats Qviberg, Erik Paulsson and Svante Paulsson and to elect Anette Asklin and Anna Engebretsen. Erik Paulsson was re-elected as Chairman of the Board.
The Meeting resolved in favour of the Board of Directors’ motion concerning principles for the remuneration and other employment terms and conditions for company management.
The AGM also decided to approve a payment of Directors’ fees totaling SEK 2,350,000, to be distributed as follows: SEK 800,000 to the Chairman of the Board, SEK 200,000 to the other Directors not employed by the company and SEK 150,000 for work in the Audit Committee, to be distributed as SEK 70,000 (70,000) to the Chairman and SEK 40,000 (40,000) each to the two members. It was decided that auditors’ fees should be paid in accordance with the approved invoice.
The AGM decided that the principles for the appointment of a Nominating Committee for the 2017 AGM are in accordance with the Nominating Committee’s proposal, i.e. that a Nominating Committee be appointed no later than six months before the 2017 AGM and consist of representatives for the four largest shareholders.
The AGM decided to elect the registered auditing firm of Deloitte AB as auditor, with Kent Åkerlund as auditor-in-charge.
The shareholders decided to authorise the Board, up to the time of the next AGM, to acquire and transfer the company’s own shares. Share buybacks are subject to a limit of no more than 10 per cent of the total number of outstanding shares at any time.
Fabege AB (publ)
For further information, please contact:
Christian Hermelin, CEO, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25
Åsa Bergström, CFO, phone +46 (0)8-555 148 29, +46 (0)70-666 13 80
This constitutes information that Fabege AB (publ) is legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at the time as above.
Fabege AB (publ) is one of Sweden’s leading property companies focusing mainly on letting and managing office premises and property development. Fabege owns properties with a carrying amount of SEK 40.3bn. The property portfolio is concentrated in the Stockholm region and has an annualised rental value of SEK 2.3bn and a lettable area of 1.1m sqm. Fabege’s shares are listed on Nasdaq Stockholm, Large Cap segment. For further information: www.fabege.se