Shareholders' General Meeting at ReadSoft
Shareholders' General Meeting at ReadSoft On the 22th of April ReadSoft AB carried out the ordinary general meeting in Helsingborg. ReadSoft AB and the ReadSoft group's result and balance sheet were adopted and the board of directors and the CEO were discharged from liability for the financial year 2003. The Shareholders' General meeting also decided that there would be no share dividend for the year 2003. Other decisions taken during the meeting: · Election of board members was completed and the following people were reelected: Göran E. Larsson, Lennart Pihl, Gundor Rentsch and Lars Appelstål. President and founder Jan Andersson retires from the board due to Stockholmsbörsen's rules concerning election of Board of Directors. Anna Söderblom, Investment Manager at Industrifonden, was elected new member of the board. Thereby, the number of external representatives in the board increases from three to four. · Nominating committee, audit committee, and compensation committee. At the general meeting it was decided that the major share-holders during the fourth quarter of this year shall nominate representatives for the nominating committee before the general meeting in 2005 The convener of this meting is the Chairman of the board. Furthermore, the task of designating an audit committee and a compensation committee was assigned to the board of directors. · The suggestion to authorize the board to decide on new issue of shares was accepted by the meeting. The board thus has the authority to, at one or several occasions, but no later than up to the Shareholders general meeting 2004, decide on new issues of shares, no higher than 4 600 000 shares, series B. The new shares may be issued with a deviation of the shareholders' preferential rights. The purpose of the authorization is for the company to be able to utilize a financial agreement with Hagströmer & Qviberg Fondkommission AB and finance an acquisition by issuing new shares in ReadSoft as payment. ------------------------------------------------ For more information, please contact --------------------------------------- ReadSoft AB Jan Andersson, President/CEO Pho: +46-(0)708 - 37 66 00 Olof Engvall, Vice President, PR & Communication Pho: +46-(0)708 - 37 66 70 E-mail: olof.engvall@readsoft.com About ReadSoft ReadSoft is the world's leading supplier of software for Document Automation. The company develops and markets a complete product platform for Document Automation named ReadSoft DOCUMENTS. The vision is to free businesses everywhere from manual document handling. Since its founding in 1991, ReadSoft has developed into a global group with 11 subsidiaries in Europe, North and South America and Australia, and a large number of local and global partners. ReadSoft is headquartered in Helsingborg, Sweden, and its primary R&D facility is in Stockholm. ReadSoft has been listed on the Stockholm stock exchange since 1999. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/04/22/20040422BIT20390/wkr0001.pdf