Annual General Meeting of Swedish Match AB (publ)
The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Thursday, 25 April, 2013 at 16.30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.
The Board of Directors proposes an increased dividend to 7.30 SEK per share. The proposed record date for entitlement to receive a cash dividend is 30 April, 2013.
The Board of Directors proposes that it be authorized to decide on the acquisition, on one or more occasions prior to the next Annual General Meeting, of a maximum of as many shares as may be acquired without the Company’s holding at any time exceeding 10 percent of all shares in the Company.
In addition the Board will also propose a reduction of the Company’s share capital of 7,563,406.16 SEK through withdrawal of 4,000,000 previously repurchased shares held in treasury, with a simultaneous bonus issue without issuing new shares, of the corresponding amount to restore the share capital. Furthermore, the Board will propose that the reduction be allocated to fund for use pursuant to a resolution adopted by the General Meeting.
The Nominating Committee of Swedish Match AB proposes re-election of Andrew Cripps, Karen Guerra, Conny Karlsson, Robert F. Sharpe, Meg Tivéus and Joakim Westh. New election is proposed of Wenche Rolfsen. Conny Karlsson is proposed to be re-elected as Chairman of the Board and Andrew Cripps is proposed to be re-elected as Deputy Chairman of the Board.
The Nominating Committee in Swedish Match AB consists of Conny Karlsson (Chairman of the Board), Andy Brown (Cedar Rock Capital), Björn Lind (AMF & AMF Funds), William Lock (Morgan Stanley Investment Management), and William Mueffling (Cantillon Capital Management). Andy Brown is the Chairman of the Committee.
The complete notice of the Annual General Meeting can be found on the corporate website: www.swedishmatch.com, and is also enclosed.
For further information, please contact:
Emmett Harrison, Senior Vice President Corporate Communications and Sustainability
Office +46 8 658 0173
Swedish Match develops, manufactures, and sells market-leading brands in the product areas Snus and snuff, Other tobacco products (US mass market cigars and chewing tobacco), and Lights (matches and lighters).Well known brands include General snus, Longhorn moist snuff, Red Man chewing tobacco, White Owl cigars, Cricket lighters, and Fiat Lux matches. The Group sells products across the globe, with production units in six countries. The Group’s global operations generated sales of 12,486 MSEK for the twelve month period ending December 31, 2012. The Swedish Match share is listed on the NASDAQ OMX Stockholm (SWMA).
Swedish Match AB (publ), Box 7179, SE-103 88 Stockholm, Sweden
Visiting address: Västra Trädgårdsgatan 15. Telephone: +46 8 658 0200
Corporate Identity Number: 556015-0756