Report from the Extraordinary General Meeting of Alimak Group AB held on 23 January 2017

Alimak Group AB held its Extraordinary General Meeting on Monday, 23 January 2017. The meeting passed a resolution to authorise the Board to resolve to issue new shares.

With the share issue authorisation the Board is authorised to, on one or more occasions before the next Annual General Meeting, resolve to issue new shares. An issue of new shares can only be decided with regard to shareholders’ pre-emption rights. Following this authorisation, the Board may resolve to issue a total maximum number of shares equivalent to issue proceeds of a maximum of SEK 800 million. The authorisation includes the right to resolve that shares will be issued against cash payment.

The reason for the authorisation is to optimize the capital structure of the company and to allow for strategic initiatives.

Further details on the resolution are found in the notice to the meeting and the complete proposal, which are presented in its entirety at www.alimakgroup.com 

English translation for information purposes only. If there are differences between the English translation and the Swedish original, the Swedish text will take precedence.  

For further information: 

Sofia Wretman, Head of IR & Communication, Phone: +46 8 402 14 41
Per Ekstedt, CFO, Phone: +46 8 402 14 57

This information in this release is such that Alimak Group AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 16:30 CET on 23 January, 2017.