Communiqué from the AGM of Mycronic AB (publ)
Täby, 6 May, 2015 – The Annual General Meeting (AGM) of Mycronic AB (publ) on 5 May, 2015 dealt with the following items among others:
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 members with no deputy members. The AGM re-elected Board members
Katarina Bonde, Ulla-Britt Fräjdin-Hellqvist, Anders Jonsson, Magnus Lindquist, Eva Lindqvist and Patrik Tigerschiöld. Patrik Tigerschiöld was elected Chairman of the Board.
Remuneration to the Board of Directors
The AGM decided that the remuneration to the Board of Directors amount to SEK 1,500,000 for the period running until the end of the next AGM, of which SEK 500,000 concern remuneration
to the Chairman of the Board and SEK 200,000 concern remuneration to each of the other Board members. In addition, the AGM decided on remuneration to the Chairman of the audit committee amounting to SEK 50,000.
Election of auditor
The AGM decided on election of EY as auditor for the period running until the end of the next AGM with the Authorized Public Accountant Heléne Siberg Wendin as responsible auditor.
Disposition of accumulated results
The AGM decided that the Parent Company’s retained earnings and non-restricted equity be managed according to the proposal of the Board of Directors.
The AGM decided on an ordinary dividend of SEK 0.80 per share, amounting to SEK 78.3 million. The AGM also decided on an extraordinary dividend of SEK 3.20 per share amounting to SEK 313.3 million.
Composition of nomination committee
The AGM decided to approve that the nomination committee for the 2016 AGM consists of three members representing the three largest or otherwise known shareholders at the end of August and
the Chairman of the Board, a total of four persons.
Principles for remuneration for senior executives
The AGM decided to approve the Board’s proposal regarding principles for remuneration and other terms of employment for senior executives.
Authorization for new share issue
The AGM decided to approve the Board’s proposal that the Board is authorized to, on one or several occasions during the period up until the next AGM, decide on a new share issue, with
deviations from the shareholders’ preferential rights. The issue price shall be based on market practice and the number of issued shares may at the most correspond to ten percent of the total
amount of outstanding shares.
Authorization to repurchase the company’s own shares
The AGM decided to approve the Board’s proposal that the Board is authorized to, on one or several occasions during the period up until the next AGM, repurchase the company’s own shares. Acquisition may only be made of such amount of shares that the company’s holding of own shares at each time does not supersede ten percent of all shares in the Company. Acquisitions of shares may only be made on NASDAQ Stockholm at a price within the, at each time registered, price interval at the marketplace.
Contacts at Mycronic:
President & CEO
Tel: +46 8 638 52 00
Tel: +46 8 638 52 00
About Mycronic AB
Mycronic AB is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment for the electronics industry. Mycronic headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany Japan, Singapore, South Korea, the Netherlands, United Kingdom and the United States. For more information see our web site at: www.mycronic.com
Mycronic AB (publ) is listed on NASDAQ Stockholm, Mid Cap: MYCR.
The information is of the type that Mycronic is required to disclose under the Financial Instruments Trading Act and/or the Swedish Securities Markets Act. The information was submitted for publication
on 6 May, 2015.