Annual General Meeting - Pricer AB April 25, 2002
ANNUAL GENERAL MEETING - PRICER AB APRIL 25, 2002 Pricer´s Annual General Meeting was held April 25, 2002. The following decisions were taken. Election of Board of Directors Mr. Jan Forssjö, Mr. Salvatore Grimaldi, Mr. Arve Kristofffersen and Mr. Göran Lindén were unanimously re-elected as board members. At the board meetig following election Mr. Salvatore Grimaldi was elected as new Chairman of the Board. Issue of debt instrument linked with detachable warrants for subscription of new shares The Annual General Meeting decided to approve the resolution to raise a subordinated loan for a nominal value of SEK 1.000 through an issue linked with 3,000,000 detachable warrants for subscription of series B shares, each with a nominal value of ten öre (SEK 0.10). The warrants shall be detached and transferred, to senior executives and other employees in Pricer AB and some other key individuals. Each warrant entitles its holder to subscribe for one new Series B share during the period 1 May 2003 to 30 April 2005 inclusive. The subscription price is SEK 1.83. Authorisation of issue The Annual General Meeting decided in accordance with the board´s Proposal that the AGM authorises the board to make decisions, on one or several occasions, to issue not more than 15,000,000 series B shares until the date of the next Annual General Meeting. The board should be able to decide on a new issue with a departure from the shareholders' right of preference with or without a provision for a non-cash issue. For further information, please contact: Jan Forssjö, President and CEO, Pricer AB +46 18 188 100 Pricer AB (publ) was founded in 1991 in Uppsala and has built a leading position in the world market as a supplier of electronic display and information systems to the retail industry. Pricer offers electronic information systems intended to improve significantly customer benefit and improve retail profitability. Through Pricer´s co-operation with highly competent partners, customers are offered a totally integrated solution together with the supplementary products, applications and services offered by our partners. The Pricer share is quoted on the O- list of Stockholm Exchange. For further information, please visit Pricer´s website www.pricer.se . Registration to receive news releases automatically via e-mail can be made through the website. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/04/26/20020426BIT01410/wkr0001.doc http://www.waymaker.net/bitonline/2002/04/26/20020426BIT01410/wkr0002.pdf