Report from the Annual General Meeting and Extraordinary General Meeting of Teligent AB held on 8 April 2003
Report from the Annual General Meeting and Extraordinary General Meeting of Teligent AB held on 8 April 2003 The Annual General Meeting and Extraordinary General Meeting of Teligent AB were held on Tuesday, 8 April 2003. The following resolutions, amongst others, were passed at the Annual General Meeting: · Resolution regarding the authority of the Board of Directors to make decisions as regards new share issues of a maximum of one million new shares. · Resolution regarding the issue of warrant programmes. Per Wejke (Chairman), Anders Björkman, Olle Isberg, Bengt Jörgensen and Pekka Peltola were re-elected to the new Board of Directors, and Mikael Karlsson and Lars-Erik Nilsson were newly elected as members of the Board. Former Board member, Stefan Wigren, had declined re-election. The following resolution was passed at the Extraordinary General Meeting: · Resolution regarding redemption of shares and reduction of share capital and share premium reserve. For further information, contact: Ulf Lindstén, President and CEO, Teligent AB Tel. +46 8 520 660 50 ulf.lindsten@teligent.se Lars Alm, CFO, Teligent AB Tel. +46 8 520 660 16 lars.alm@teligent.se About Teligent Teligent develops, markets and sells advanced value added services for telecommunications networks. The services and applications provided by the company are based on the generic service development platform, the Teligent P90/E. Teligent's solutions are currently utilised by leading telecom operators, for example BT, Telia, Tele2, Telefónica, AT&T Wireless, Cingular, T-mobile USA and Maroc Telecom. Teligent was founded in 1990 and has been listed on the Stockholmsbörsen (Stockholm Stock Exchange) since 1999. The company's head offices are situated in Nynäshamn. Outside Sweden, there are wholly owed subsidiaries located in France, Germany, Great Britain, Spain and the USA (under the trademark Nabla Communications Inc.). Through partnerships and OEM sales the company has also been able to establish a presence in Africa and the Middle East. Teligent has approximately 230 employees and in 2002 generated an income of SEK 250,000,000. For further information, please visit www.teligent.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/09/20030409BIT00560/wkr0002.pdf