TradeDoubler Annual General Meeting 2007
The TradeDoubler AB (publ) Annual General Meeting (AMG) convened on Thursday. The AGM approved in accordance with the Board's proposal to pay a dividend of SEK 5.00 per share. The record date was set at May 29, 2007 and dividend is scheduled to be distributed by VPC on June 1, 2007.
In his address to the Meeting, CEO William Cooper reported on the 2006 fiscal year, the first quarter of 2007 and for the company's future development opportunities.
The Annual General Meeting also approved the Election Committee's proposal regarding the composition of the Board of Directors. Elisabet Annell, Kjell Duveblad, Felix Hagnö, Martin Henricson and Lars Stugemo were re-elected Board members. Kristofer Arwin, Lars Lundquist and Rolf Lydahl were elected new Board members. Kjell Duveblad was re-elected Chairman. The meeting discharged the Board members and the CEO from liability for the 2006 fiscal year.
The Meeting approved the Election Committee's proposal regarding remuneration of the Board members, the compensation for committee work as well as the audit fee. The Board's proposal of principles for compensation to the Company Management was also approved.
The AGM approved the Nomination committee's proposal of principles for the company's nomination procedure. The Election Committee shall comprise of representatives of the company's three largest shareholders wishing to appoint such a representative and the Chairman of the Board of Directors of TradeDoubler. Chairman of the Election Committee shall be the representative of the largest shareholder, unless the members of the Election Committee decide otherwise.
The Annual General Meeting renewed its authorisation of the employee option program that was decided by last years AGM. Consequently the board is authorised to allot up to 580,000 employee stock options. These are the remaining of the total 1,400,000 employee stock options in the program.
For further information, please contact:
Kjell Duveblad, Chairman of the Board
+46 (0)703 33 54 20
William Cooper, CEO
+ 46 (8) 40 50 800
About TradeDoubler
TradeDoubler is a Pan-European digital marketing company offering a range of performance-based marketing solutions. TradeDoubler's products and services provide companies with the tools and expertise to drive results online whether they are looking to generate sales or drive brand awareness. Headquartered in Sweden, the company boasts a unique European reach with local offices in 15 countries across Europe and a presence in a further three countries. With a breadth of expertise across multiple industry sectors and a network of more than 118,000 website publishers TradeDoubler helps deliver online results for over 1,200 advertisers across Europe including a mix of local and international companies such as Apple Store, Dell, Telia Sonera, eBay and Kelkoo.
TradeDoubler is a Pan-European digital marketing company offering a range of performance-based marketing solutions. TradeDoubler's products and services provide companies with the tools and expertise to drive results online whether they are looking to generate sales or drive brand awareness. Headquartered in Sweden, the company boasts a unique European reach with local offices in 15 countries across Europe and a presence in a further three countries. With a breadth of expertise across multiple industry sectors and a network of more than 118,000 website publishers TradeDoubler helps deliver online results for over 1,200 advertisers across Europe including a mix of local and international companies such as Apple Store, Dell, Telia Sonera, eBay and Kelkoo.
Please visit www.tradedoubler.com for further information.