Nobina's Annual General Meeting 2012
On Tuesday, May 15, 2012, Nobina held its Annual General Meeting at the company's premises in Solna. The Meeting approved the Group's and Parent Company's income statements and balance sheets for the fiscal year 2011/2012, and resolved that there would be no dividend for the previous fiscal year.
Rolf Lydahl, Birgitta Kantola, Gunnar Reitan, Richard Cazenove and Jan Sjöqvist were re-elected as Directors of the Board. Jan Sjöqvist was re-elected Chairman of the Board. The Meeting approved the compensation to the Board totalling SEK 1,325,000, to be split according to the resolution proposed. Fees to the auditors shall be paid in accordance with account approved by the Board of Directors.
The Meeting authorized the Board, for the period up to the next Annual General Meeting, on one or several occasions and with or without pre-emption rights for the shareholders, to resolve on issue of new shares, as suggested by the Board of Directors. The Meeting also approved the Board's proposal on guidelines for remuneration for the senior management.
The Meeting also resolved principals for the establishment of a nomination committee, according to which the nomination committee should consist of a representative of each of the three largest shareholders, based on the number of votes held, together with the Chairman of the Board.
The annual report for the fiscal year 2011/2012 is available at the premises of Nobina AB (publ), Armégatan 38 in Solna, as well as on the official website www.nobina.com.
For further information, please contact:
Jan Sjöqvist, Chairman of the Board, telephone: +46 (0) 70 593 40 10
The Nobina group is the largest company in the Nordic region within the area of public transport by bus. The operations include contractual regional traffic in Sweden, Norway, Finland and Denmark as well as inter-regional traffic through the subsidiary Swebus. The Nobina Group has revenues in excess of SEK 7 billion, operates 3,500 buses and, with approximately 260 million passenger journeys per year, is one of the larger passenger transport companies in northern Europe. More information is available on www.nobina.com.