Bulletin from Unibet Group plc’s Annual General Meeting
Today, at the Annual General Meeting, shareholders approved the proposed dividend of GBP 0.58 (equivalent to SEK 6.22 on 9 April 2012 exchange rates and payable in SEK). This will be paid to owners of shares/SDRs, on the register on the Euroclear Sweden AB record date of 15 May 2012. The dividend is expected to be distributed by Euroclear Sweden AB on 21 May 2012 and the exact amount in SEK will be determined by the exchange rate that day.
Messrs Kristofer Arwin, Peter Boggs, Nigel Cooper, Peter Lindell, Stefan Lundborg and Anders Ström were re-elected as Directors of the Company.
In addition, at the Annual General Meeting, the resolution to pay a total fee of GBP 356,000 to Directors elected at the AGM, who are not employed by the Company, was also approved by Shareholders.
The Annual General Meeting also resolves that, until the general meeting of the shareholders decides otherwise, the Nomination Committee shall consist of not less than four and not more than five members, of which one shall be the chairman of the Board of Directors. The members of the Nomination Committee shall each represent one of the four largest shareholders at the end of the third quarter of 2012 having expressed their will to participate in the Nomination Committee. Should one of these shareholders appoint the chairman of the board of directors as its representative, the Nomination Committee shall consist of four members. The other three members shall be appointed by each of the other three of the four largest shareholders expressing their will to participate in the Nomination Committee. The appointment of a member of the Nomination Committee shall state which shareholder that member represents. Should one of the four largest share-holders waive its right to appoint a member of the Nomination Committee, the opportunity to appoint a member shall be offered to the largest shareholder not represented in the Nomination Committee. The opportunity to appoint a member of the Nomination Committee shall thereafter be passed on in order of the largest shareholding. The members of the Nomination Committee shall appoint the committee chair among themselves. The names of the members of the Nomination Committee shall be announced not later than on the date of the publication of the Company's interim report for the third quarter of 2012.
Should the ownership in the Company change, after the announcement of the Nomination Committee but before the end of the fourth quarter of 2012, to such extent that the members of the Nomination Committee no longer represent the shareholding as stipulated above, then the member of the Nomination Committee representing the shareholder with the lesser number of shares in the Company shall resign from the committee and the shareholder who has become the larger shareholder in the Company shall, in the order corresponding to its shareholding in the Company, be offered to appoint a new member of the Nomination Committee. Minor changes in the shareholding of the Company shall not be taken into account. Shareholders who have appointed a representative in the Nomination Committee have the right to dismiss that representative and appoint a new representative.
Should a member of the Nomination Committee leave his/her assignment prematurely and if the Nomination Committee deems it appropriate, a new member shall be appointed by the shareholder who appointed the resigning member or that other shareholder who at that point of time has the larger shareholding in the Company.
The meeting also approved that the directors obtain authority to buy back GBP 0.005 Ordinary Shares/SDR’s in the Company with the purpose of buyback being to achieve added value for the Company’s shareholders.
Board of Directors
Unibet Group plc