Communiqué from Extraordinary General Meeting of Eniro

Eniro AB (publ) held an Extraordinary General Meeting today. The General Meeting

resolved in favour of the Board’s recommendation to approve a settlement agreement between the company and former CEO Johan Lindgren. Lindgren has agreed to waive all claims against the company regarding termination salary and severance pay. In return, the company will waive its claims against Lindgren. The settlement agreement is estimated to have a positive earnings effect of approximately SEK 14 M.

For further information on the settlement, see the press release and notice of the Extraordinary General Meeting from November 25, which can viewed on Eniro’s website: www.enirogroup.com. 

For further information, please contact:

Lars-Johan Jarnheimer, Chairman of the Board, tel: +46 8 553 310 00

This information is such that Eniro AB (publ) is obligated to disclose pursuant to the Financial Instruments Trading Act and/or the Securities Market Act. Submitted for publication on December 18, 2015, at 10:30 a.m. CET.  

Eniro is a search company that aggregates, filters and organizes local information. Our growth is driven by users’ increasing mobility and multiscreen behavior, where we are at the forefront with modern technical solutions. For more than 100 years Eniro has helped people find local information and companies find customers. Today it is a multiscreen solution – our users search for information using their smart phones, tablets and desktops. Mobile advertising is today the fastest growing part of Eniro’s business. Eniro is the local search engine. A smart shortcut to what you need, no matter where you are or where you are going.

Eniro is one of the largest local search companies in the Nordic region. The company has approximately 2,300 employees and has been listed on Nasdaq OMX Stockholm since 2000. During 2014, Eniro’s revenues amounted to SEK 3,002 M and EBITDA was SEK 631 M. Approximately 88 percent of Eniro’s advertising revenues come from multiscreen channels. The company’s headquarters are located in Stockholm, Sweden. More on Eniro at www.enirogroup.com.

Eniro – Discover local. Search local.