AGM of Rottneros held today on Friday 22 March 2013
Adoption of balance sheet and income statement
The AGM adopted the balance sheets and income statements for the parent company and the Group for the financial year 2012.
The AGM resolved not to adopt the Board’s proposed dividend, which means that no dividend will be paid.
The AGM granted the Board members and Managing Director a discharge from liability for the financial year 2012. The ordinary member Roger Asserståhl was re-elected. The new members Ernst Almqvist, Claes Aurell, Rune Ingvarsson, Per Lundeen and Kjell Olsson were elected. The AGM elected Rune Ingvarsson as Chair of the Board of Directors.
Compensation to Board members
The meeting decided in accordance with the proposal of Arctic Paper.
The meeting also approved the Nominating Committee’s proposed procedure for appointing members of the Nominating Committee and also the mandate of the Nominating Committee.
The meeting elected the registered public accounting firm Ernst & Young AB (with Björn Grundvall (Authorised Public Accountant) as auditor in charge until further notice) as the company's auditor until the end of the AGM in 2014.
Guidelines for remuneration
The meeting approved the guidelines for the remuneration for senior executives in accordance with the Board's proposal.
For further information please contact: Tomas Hedström, +46 8 590 010 00
Rottneros discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The Information was submitted for publication on Friday, 22 March 2013 at 17.30 CET.
Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on NASDAQ OMX Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes the wood procurement company Rottneros Baltic SIA in Latvia. The Group has around 300 employees and had a turnover of approximately SEK 1.5 billion in the 2012 financial year.