The Nomination Committee’s proposals to the Annual General Meeting of Shareholders in ReadSoft on May 3, 2011
The Nomination Committee has the following proposals:
The Committee suggests re-election of all current Directors of the Board and new election of the company’s President and CEO Jan Andersson. Of a separate press release it follows that Jan Andersson has decided to retire as President and CEO. Jan Andersson will stay in office until a replacement is concluded.
The current Directors of the Board are Göran E Larsson (Chairman), Lennart Pihl, Anna Söderblom, Håkan Valberg, Peter Gille and Lars Appelstål.
The Committee suggests that the Chairman of the Board is compensated with 300 000 (285 000) kronor and the other Directors that are not employed in the company with 130 000 (125 000) kronor each.
The Committee suggests that Göran E Larsson is elected Chairman of the Board.
The Committee suggests that the Chairman is assigned to invite minimum the four biggest shareholders with respect to votes per September 30, 2011 to assemble together with the Chairman a Nomination Committee for the Annual General Meeting of Shareholders 2012.
The Committee suggest re-election of the registered audit company PricewaterhouseCoopers AB as the auditor of the company.
The Annual General Meeting of Shareholders will be held on May 3, 2011, 3.00 p.m. at Marina Plaza, Kungstorget 6, Helsingborg, Sweden. The Nomination Committee’s complete proposals will be part of the summons to the General Meeting.
The Nomination Committee consists of the Chairman of the Board Göran E Larsson, Hans Forssman who represents Livförsäkringsaktiebolaget Skandia, Peter Edwall who represents Ponderus Securities AB, Jan Andersson and Lars Appelstål.
This information is such that ReadSoft AB (publ) is to publish in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on February 18, 2011 at 8:50am CET.
For additional information, please contact:
ReadSoft AB
Göran E. Larsson, Chairman of the Board
Phone: +46 705 65 68 69
Email: gla@eddaconsult.se
About ReadSoft
ReadSoft is a leading global provider of software solutions for Document Process Automation. ReadSoft’s software enables companies to automate document processes such as accounts payable processing, document capture, document sorting, and order to cash. ReadSoft is by far the world’s number one choice for automated invoice processing, especially into business systems from SAP and Oracle. Since the start in 1991, ReadSoft has grown to a worldwide group with operations in 16 countries on five continents and a network of local and global partners. The head office is located in Helsingborg, Sweden, and the ReadSoft share is traded on the NASDAQ OMX Nordic Exchange Small Cap list. For more information about ReadSoft, please visit www.readsoft.com.