Communiqué from the AGM of Micronic Mydata AB (publ)
Täby, Sweden, 15 April, 2011 - Micronic Mydata AB (publ), listed on NASDAQ OMX Stockholm, Small Cap: MICR, today disclosed the following decisions made at the company's Annual General Meeting (AGM) held on 14 April:
Election of Board members
The AGM decided that the Board of Directors for the period running until the end of the next AGM shall be composed of six memebers with no deputy members. The AGM re-elected Board members Katarina Bonde, Rune Glavare, Magnus Lindquist, Lena Treschow Torell, Patrik Tigerschiöld and new election of Anders Jonsson. Rune Glavare was elected Chairman of the Board and Lena Treschow Torell was elected vice Chairman of the Board. Åke Svensson had declined re-election.
Remuneration to the Board of Directors
The AGM decided that the total remuneration to the Board of Directors amount to SEK 1,575,000 for the period running until the end of the next AGM, of which SEK 500,000 concern remuneration to the Chairman of the Board, SEK 275,000 concern remuneration to the vice Chairman of the Board, and SEK 200,000 concern remuneration to each of the other Board members who are not employed by the company. In addition, the AGM decided on remuneration to Board members with an assignment in the audit committee amounting to not more than in aggregate SEK 150,000 kronor, to be distributed with SEK 50,000 per member, for the period running until the end of the next AGM.
Disposition of accumulated deficit
The AGM resolved in favor of the Board’s proposal regarding disposition of the Parent Company’s accumulated deficit of SEK 2,164,412 kronor to be carried forward to new account.
In addition, decisions were taken in accordance with proposals presented in the notice to the AGM.
Contacts at Micronic Mydata:
President and CEO
+46 8 - 638 52 00
About Micronic Mydata AB
Micronic Mydata AB is a Swedish high-tech company engaged in the development, manufacture and marketing of a series laser based pattern generators for the production of photomasks and advanced surface mount technology (SMT) equipment for flexible production of electronics. The pattern generators are used by the world’s leading electronics companies in the manufacture of television and computer displays, semiconductor circuits and for advanced electronic packaging. The SMT equipment, including software applications, is used for surface mounting of electronic components and stencil free jetting of solder paste. The SMT equipment is used by large and small manufacturers of electronics in aerospace, aviation and telecom. Micronic Mydata headquarters is located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany Japan, Singapore, South Korea, Taiwan, the Netherlands, United Kingdom and the United States. For more information see our web site at: www.micronic-mydata.com