Press release from annual general meeting in Pomegranate Investment AB (publ) on 14 September 2022
NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO ANY U.S. PERSON
At the annual general meeting in Pomegranate Investment AB (publ) held on 14 September 2022 the shareholders resolved upon the following:
Approval of income statement and balance sheet for the financial year and discharge from liability
The annual general meeting approved the income statement and balance sheet as well as the consolidated income statement and the consolidated balance sheet for the financial year, which corresponds to the period 1 May 2021 – 30 April 2022. The members of the board of directors, the CEO and the deputy CEO were discharged from liability for the financial year.
Allocation of the result
The general meeting resolved, in accordance with the board of director’s proposal, that the company’s results shall be carried forward.
Election of board members, auditors, fees to the board of directors and auditors
The annual general meeting resolved that the number of members of the board of directors shall be five without deputy members, and that the company shall have one auditor or one registered audit company and no alternate auditors.
Per Brilioth, Anders F. Börjesson, Mohsen Enayatollah, Nadja Borisova and Vladimir Glushkov were re-elected as board members all for the time until the end of the next annual general meeting. Per Brilioth was re-elected as chairman of the board for the time until the end of the next annual general meeting. The accounting firm PricewaterhouseCoopers AB was re-elected as auditor.
The annual general meeting further resolved that the annual remuneration to each board member shall amount to EUR 5,000 and EUR 10,000 to the chairman of the board. The annual general meeting further resolved that auditor fees shall be paid in accordance with approved invoice.
Resolution regarding amendment of the company’s articles of association and a reduction of the share capital by allocation to unrestricted equity
The annual general meeting resolved, in accordance with the board of directors’ proposal, to amend the articles of association such that the share capital shall be not less than EUR 50,000 and not more than EUR 200,000.
The annual general meeting further resolved, in accordance with the board of directors’ proposal, on a reduction of share capital by allocation to unrestricted equity.
Resolution regarding issue of shares to participants in the long-term incentive programme for the management
The annual general meeting resolved, in accordance with the board of directors’ proposal, to issue not more than 39,073 new shares in order to deliver performance shares to participants in the company’s long-term incentive program for the management.
Resolution regarding issue of shares to participants in the long-term incentive programme for members of the board of directors
The annual general meeting further, in accordance with the shareholders’ proposal, to issue not more than 16,205 new shares in order to deliver performance shares to participants in the company’s long-term incentive program for members of the board of directors.
Additional information from the annual general meeting
The minutes from the annual general meeting will be held available on Pomegranate Investment AB (publ) website, www.promegranateinvestment.com. For more information, please contact:
Gustav Wetterling, CFO
Tel: +46 8 545 015 50
Email: ir@pomegranateinvestment.com
About Pomegranate
Pomegranate Investment AB (publ) is based in Sweden and was founded in 2014 by a pioneering team with a long and successful track record of investing in high growth companies in emerging markets, particularly in the technology sector. Pomegranate is an investment company that has a strong position primarily in Iran’s consumer technology sector, which, with the easing of international sanctions, represents an extraordinary growth opportunity for European investors. We are entrepreneurs, we have invested in entrepreneurs and a significant proportion of our investors are entrepreneurs themselves.
This press release does not constitute an offer of any securities of Pomegranate Investment. This press release may not be distributed in the United States or to any “U.S. person”, including any U.S. citizen or permanent resident (‘green card holder’) or any entity organised in the United States, whether located inside or outside the United States. Pomegranate shares represent an investment in Iran that is not suitable for U.S. persons.