Changed time and possibility of advance voting at the annual general meeting in Internationella Engelska Skolan i Sverige Holdings II AB (publ)

In light of the continued spread of Covid-19 and in order to minimise the number of people on Internationella Engelska Skolan in Enskede’s premises, a number of new measures have been resolved on regarding the annual general meeting, including changed time and possibility of advance voting.

The time for the annual general meeting in Internationella Engelska Skolan i Sverige Holdings II AB (publ), reg. no. 556900-7254, has been changed. The annual general meeting will take place on Tuesday 24 November at 5pm at Internationella Engelska Skolan in Enskede, Lingvägen 123, Enskede. The board of directors of Internationella Engelska Skolan has also resolved to allow advance voting at the annual general meeting.

Notice to the annual general meeting

On 22 October 2020, the notice of the annual general meeting on Tuesday 24 November 2020 was announced. The notice in its entirety, as well as complete proposals for items at the annual general meeting, are available on the company's webpage, http://corporate.engelska.se/. The board of directors has now resolved to allow advance voting at the annual general meeting in accordance with the following.

Advance voting

The shareholders may exercise their voting rights at the general meeting by voting in advance, so called postal voting in accordance with section 3 of the Act (2020:198) on temporary exceptions to facilitate the execution of general meetings in companies and other associations. Internationella Engelska Skolan encourages the shareholders to use this opportunity in order to minimise the number of participants attending the general meeting in person and thus reduce the spread of the infection.

A shareholder who wish to vote in advance shall, in addition to be included in the shareholders’ register maintained by Euroclear Sweden AB and give notice of its participation in accordance with what is stated in the notice convening the general meeting, use a special form. The form is available at http://corporate.engelska.se/corporate-governance/general-meetings/agm-2020.

The completed voting form must be received by Internationella Engelska Skolan no later than Friday 20 November 2020. The completed and signed form shall be sent to the address stated under “Notification etc.” below. A completed form may also be submitted electronically and is to be sent to agm@engelska.se. Preferably, the form is submitted together with the shareholder’s notification to attend the general meeting. A power of attorney shall be enclosed with the form if the shareholder votes in advance by proxy. If the shareholder is a legal entity, a registration certificate or a corresponding document for the legal entity shall be enclosed with the form. The shareholder may not provide special instructions or conditions in the voting form. If so, the vote (i.e. the advance voting in its entirety) is invalid.

Further instructions and conditions are included in the form for advance voting.

Notification, etc.

Shareholders who wish to participate at the meeting must:

firstly           be included in the shareholders’ register maintained by Euroclear Sweden AB as of Monday 16 November 2020; and

secondly     notify the company of their participation in the meeting no later than Wednesday 18 November 2020. The notification shall be in writing to Nytorpsvägen 5B, SE-183 71 Täby or by email to agm@engelska.se. The notification shall state the name, personal/corporate identity number, shareholding, address and daytime telephone number, and information about any assistants and, where applicable, representatives. When applicable, complete authorisation documents, such as powers of attorney for representatives, registration certificates or corresponding documents, shall be appended to the notification.

Nominee registered shares

Shareholders whose shares have been registered in the name of a bank or securities institute must temporarily re-register their shares in their own names with Euroclear Sweden AB in order to be entitled to participate at the meeting. Shareholders wishing such re-registration must inform their nominee of this no later than Wednesday 18 November 2020.

Proxy, etc.

Shareholders represented by proxy shall issue a dated and signed power of attorney for the proxy. If the power of attorney is issued on behalf of a legal entity, a certified copy of a registration certificate or a corresponding document for the legal entity shall be appended. The power of attorney is valid for a maximum of one year after the issuance or for the duration indicated in the power of attorney, whichever is longer, but not for more than five years after issuance. The registration certificate, where applicable, may not be older than one year. The power of attorney in original and, where applicable, the registration certificate should be submitted to the company by mail at the address set forth above well in advance of the general meeting. The form to use for a power of attorney can be found on http://corporate.engelska.se/.  

Information in relation to the Corona virus (Covid-19)

In view of the recent developments of the spread of the Corona virus (Covid-19), Internationella Engelska Skolan has taken certain precautionary measures in relation to the annual general meeting on 24 November 2020. The measures are being taken to reduce the risk of spread of contagion.

• Shareholders should carefully consider the possibility to vote in advance, please see above, as well as the possibility of participating by way of proxy. Shareholders who display symptoms of infection (dry cough, fever, respiratory distress, sore throat, headache, muscle and joint ache), have been in contact with people displaying symptoms, have visited a risk area, or belong to a risk group, are in particular encouraged to utilize such possibility. A form for advance voting and power of attorney is available at http://corporate.engelska.se/corporate-governance/general-meetings/agm-2020.
• No external guests will be invited.
• No refreshments will be served prior to or after the general meeting.
• No statement by the CEO or the chairman of the board will be made at the general meeting. For financial information regarding Internationella Engelska Skolan, please refer to the CEO’s presentation of Q4 2019/2020 which is available on the company’s webpage, http://corporate.engelska.se/financial-information/reports-and-presentations, and the CEO’s upcoming presentation of Q1 2020/2021 which will take place via conference call on 20 November 2020. Call-in details for the conference call will be published on the company's webpage.
• The annual general meeting will be conducted in the shortest time possible without limiting the rights of the shareholders.
• Kindly review the information and recommendations issued by the Swedish Public Health Authority (Sw. Folkhälsomyndigheten).

The continued spread of the Corona virus (Covid-19) and its effects are still difficult to assess with certainty and Internationella Engelska Skolan is closely following the developments. If any further precautionary measures in relation to the general meeting must be taken, information thereof will be published on the Company’s webpage, http://corporate.engelska.se/.

Notice and other documents, etc.

The notice, annual report, nomination committee’s and board of directors’ proposals, as well as other documents, are available at the company’s office, Nytorpsvägen 5B, SE-183 71 Täby and will be sent to shareholders who request it, at no cost for the recipient, and who provide their postal address. The documents are also available on the company's webpage, http://corporate.engelska.se/.

Processing of personal data

For information on how your personal data is processed, see https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.

_____________

Stockholm, November 2020

Internationella Engelska Skolan i Sverige Holdings II AB (publ)

The board of directors

For more information, please contact:

Emma Rheborg, Head of Communication & IR
Tel: +46 768 511 540
e-mail: emma.rheborg@engelska.se 

The information was submitted for publication, through the agency of the above contact, at 14:30 CET on 13 November 2020.

About Internationella Engelska Skolan

Internationella Engelska Skolan, IES, is one of the leading free school operators in Sweden with some 28,000 students at 39 schools, and about 4,600 students at its schools in Spain.

IES Sweden operates schools for students in grades F-12. Its main focus is grades 4-9, what is often called "middle school." Within the compulsory school system in Sweden, IES is the leading independent operator, with 17 of the 20 largest free schools. IES's results on the national tests in grade 9 are far above average in Sweden.

Internationella Engelska Skolan was founded in 1993 and is in its 28th year of operation. Throughout this period, its schools have been defined by the three core convictions of its founder, Mrs. Barbara Bergström:

• A safe and orderly environment, where teachers can teach and students learn.
• To command the English language − the key to the world.
• High academic expectations and targets.

Up to half of the teaching in IES schools in Sweden is in English, by native English speaking teachers. Over 900 teachers with qualified foreign teaching degrees are currently teaching in IES schools. They are mainly recruited from Canada, the USA, the UK and South Africa.

IES's student base is in growing strongly. Over the past ten years, total operating income has increased by an average of 16% per year. In the most recent financial year 2019/20, which concluded on 30 June 2020, total operating income was MSEK 3,082, an increase of some 11% year on year. As of 30 June 2020, there were approximately 204,900 applications in the waiting list to secure a place in the Swedish schools for the current and forthcoming years.

Internationella Engelska Skolan has been listed on Nasdaq Stockholm Mid Cap, with the ticker ENG, since 2016.