Bulletin from the Annual General Meeting of Scandinavian Biogas Fuels International AB (publ)
Stockholm, 28 April, 2016
The Annual General Meeting (the “AGM”) of Scandinavian Biogas Fuels International AB (publ), 556528-4733, was held on Thursday, 28 April, 2016 where the following resolutions were passed.
Resolution to adopt the accounts, allocation of results and discharge from liability
The AGM adopted the income statement and the balance sheet, and the consolidated income statement and the consolidated balance sheet, and approved the board of director’s proposal on allocation of results, which means that the results of the year will be carried forward and that no dividend is distributed for the financial year 2015. Further, the AGM discharged each member of the board of directors and the managing director from liability against the company for the financial year 2015.
Election of board of directors and auditor
The AGM resolved, in accordance with the nomination committee´s proposal, that the number of board members should amount to six ordinary board members without any deputy board members. Göran Persson, Anders Bengtsson, Andreas Ahlström, Hans Hansson and Sara Anderson was re-elected as ordinary members of the board of directors and Raif Nisametdin was elected as new ordinary member of the board of directors. Further, the AGM resolved, in accordance with the nomination committee’s proposal, that remuneration to the members of the board of directors shall be paid in an amount of SEK 350,000 to the chairman of the board and SEK 50,000 to each of the other ordinary members of the board. Remuneration to the members of the audit committee shall be paid with an amount of SEK 25,000 to the committee’s chairman and SEK 15,000 to each of the other members of the committee. The AGM resolved, in accordance with the nomination committee’s proposal, to re-elect the registered public accounting firm Öhrlings PricewaterhouseCoopers AB as the company’s auditor. Öhrlings PricewaterhouseCoopers AB intends to appoint the authorized public accountant Leonard Daun as the auditor in charge. Remuneration to the auditors for performed audit work shall be paid with a fixed price after procurement of auditors.
Authorization to issue new shares
The AGM resolved, in accordance with the board of director’s proposal, to authorize the board of directors to, within the scope of the articles of association, with or without deviation from the shareholders’ preferential right, on one or several occasions during the period until the next annual general meeting, resolve to increase the company’s share capital by issuing new shares in the company. The total number of shares issued in accordance with this authorization may be equivalent to a maximum of 36,000,000 shares. The issues shall be made with issue rates at market rate, and where applicable be subject to issue discount at market rate, and payment shall, apart from payment in cash, be made in kind or by set-off or otherwise with conditions.
For further information please contact:
Matti Vikkula, CEO
Telephone: +46 (0) 70 597 99 38