Catena’s Annual General Meeting 2009
Catena AB (publ) held its Annual General Meeting on Wednesday. The Meeting resolved in accordance with the Board’s proposal to pay a dividend of SEK 5.25 per share. The record date was set at May 5, 2009 and payment is expected to be made on May 8, 2009.
In his address at the Meeting, President Peter Hallgren reported on the 2008 fiscal year and presented the interim report for January – March 2009.
Ingrid Berggren and Per Sjöberg have stated that they are declining reelection to the Board of Directors. Taking into consideration that the Board evaluation unanimously presents the view that the number of Board members is excessive, the Nomination Committee proposed that no new members should be selected to replace those who have now stated that they wish to resign from the Board. The Meeting resolved to accept The Nomination Committee´s proposal that the Board shall consists of six members. Peter Hallgren, Henry Klotz, Christer Sandberg, Lennart Schönning, Erik Selin and Svante Wadman were re-elected members of the Board. Henry Klotz was re-elected Chairman of the Board. The meeting discharged the Board members and the President from liability for the 2008 fiscal year.
The Meeting approved the proposed fees to the Board Chairman and the other Board members. The Board’s proposal of principles for remuneration to senior executives was also approved.
In addition, the Meeting resolved to authorize the Board to carry out the repurchase of own shares and to be entitled to decide on the transfer of such acquired shares as payment in conjunction with possible company acquisitions or through direct sales on the stock exchange.
For information, please contact Peter Hallgren, President and Chief Executive Officer,
tel +46-31-760 09 32, or Rune Jonsson, CFO, tel +46-31-760 09 35
This information is such that Catena AB (publ) must release it publicly in accordance with the Swedish Securities and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was released to the public on April 30, 2009 at 8:15 a.m.