Bulletin from the Annual General Meeting
Spectrumone AB’s Annual General Meeting was held on June 30, 2021 at the company's premises, Kungsgatan 60 in Stockholm.
Income statement and balance sheet
The Annual General Meeting approved the income statement and balance sheet for the Parent Company and the Consolidated Income Statement and Consolidated Balance Sheet for the fiscal year of 2020.
Dividends
The Annual General Meeting decided that no dividend would be paid for the fiscal year of 2020 and that 107 644 834 SEK would be transferred as stated in the Annual report.
Board
The Annual General Meeting gave discharge for the Board Members and the Managing Directors for the fiscal year of 2020. The Annual General Meeting re-elected Fredric Forsman, Anders Hugosson and Hosni Teque-Omeirat. Fredric Forsman was re-elected as Chairman of the Board. Cecilia Hjertzell was elected as a new member of the Board.
Auditor
The Annual General Meeting elected the registered audit firm Öhrlings PricewaterhouseCoopers AB, with the Authorized Public Accountantr Henrik Boman as Chief Accountant.
Board and audit remuneration
The Annual General Meeting decided to remunerate SEK 300 000 to the Board Chairman and SEK 150 000 to each of the other Board Members that are not employed by the company. Auditors' remuneration shall be paid in accordance with accepted invoices within the agreed terms.
Nomination Committee
The Annual General Meeting approved the proposed decisions on guidelines for the appointment of the Nomination Committee.
Authorization
The Annual General Meeting approved the Board's proposal to authorize the Board of Directors to, on one or more occasions, with or without preferential rights for the shareholders, to approve a new issue new shares, issue of warrants and/or convertibles against cash payment and/or provisions on apportion or offset. Decisions based on the authorization mean that the number of shares can only increase by a maximum of 100 000 000 shares.
Warrants to management and key employees
The meeting decided on the issue of up to 22 500 000 warrants. The right to subscribe for the warrants shall, with deviation from shareholders’ preferential rights, be given to employees and other key persons. Each warrant will entitle the holder to subscribe for one (1) share in the company at an issue price of SEK 4 per share between the period of April 1, 2022 to June 30, 2022. Upon full exercise of the warrants, up to 22 500 000 shares (subject to any recalculation), equivalent to about six percent of the total number of outstanding shares and voting rights, will be issued. If fully subscribed, the company's share capital will increase by SEK 2 250 000.
Warrants to the Board
The meeting decided on the issue of up to 7 500 000 warrants. The right to subscribe for the warrants shall, with deviation from shareholders’ preferential rights, be given to Chairman of the Board and the Board members, whereas the Chairman of the Board are entitled to 3 750 000 shares and the Board members are entitled to 1 750 000 each. The program shall include a maximum of 3 people. Each warrant will entitle the holder to subscribe for one (1) share in the company at an issue price of SEK 4 per share between the period of of April 1, 2022 to June 30, 2022. Upon full exercise of the warrants, up to 7 500 000 shares (subject to any recalculation), equivalent to about ten percent of the total number of outstanding shares and voting rights, will be issued. If fully subscribed, the company's share capital will increase by SEK 750 000.
For further information contact:
Fredric Forsman
Chairman of the Board
+46 73 978 78 44
fredric@spectrumone.com
Certified Adviser:
Aktieinvest FK AB (556072-2596)
Box 7415 103 91 Stockholm
Telefon: +46 8 506 517 03
ca@aktieinvest.sewww.aktieinvest.se
About SpectrumOne AB
SpectrumOne is a leading technology company delivering an advanced Data Management, Analytics & Communications platform suite. Offered in a SaaS online service shipping with rich market data from various professional providers, SpectrumOne provides a unique solution to many leading actors across industry segments in various countries. Enabling clients with fast and easy access to data insight and visualization coupled with powerful search, segmentation, and mapping features. SpectrumOne allows data to be quickly enabled and operationalized, driving activities from customer communication to data science supporting business analysis, strategy, and growth. All of which can be enabled the same day with immediate results. SpectrumOne´s headquarter is based in Stockholm, Sweden, responsible for Nordic sales and strategy, with additional sales and business development located in Oslo, Norway. SpectrumOne is listed on Nasdaq First North Growth Market in Stockholm. www.spectrumone.com