Release from the Annual General Meeting of Rederi AB TransAtlantic (under change of name to Viking Supply Ships AB)
At the Annual General Meeting of Rederi AB TransAtlantic (publ) on April 9, 2015, it was resolved, in accordance with the proposal from the Board of Directors, that no dividend will be paid to the shareholders; instead, all profits at the disposal of the Annual General Meeting will be carried forward.
The Group’s and the parent company’s income statement for the financial year January 1 –December 31, 2014, and the balance sheet as per December 31, 2014, were adopted. The board members and the CEO were discharged from liability for the financial year of 2014.
Christen Sveaas, Folke Patriksson, Håkan Larsson and Magnus Sonnorp were re-elected as board members and Bengt A. Rem was newly elected for the period up until the end of the next Annual General Meeting. Tom Ruud had declined re-election. Christer Lindgren represents the SEKO Seafarers trade union on the Board of Directors. Christen Sveaas was re-elected as Chairman of the Board of Directors and Folke Patriksson was re-elected as Deputy Chairman.
It was resolved, in accordance with the proposal of the Nomination Committee, to elect the audit firm Ernst & Young AB as auditor, with a mandate period ending with the 2016 Annual General Meeting. The Chairman of the Annual General Meeting informed that Ernst & Young AB has announced that the authorized public accountant Staffan Landén will remain as auditor in charge.
The fee to board members elected by the Annual General Meeting was established at SEK 1,100,000 for the time until the end of the next Annual General Meeting to be distributed with SEK 300,000 to the Chairman of the Board of Directors and SEK 200,000 each to the remaining board members. Remuneration to the auditor were decided to be according to current account.
The Annual General Meeting resolved, in accordance with the proposal of the Nomination Committee, that the company shall have a Nomination Committee consisting of four members. The members shall comprise of representatives of each of the three largest shareholders or owner groups at the end of the third quarter 2015, besides the Chairman of the Board of Directors.
Guidelines for remuneration of senior executives were adopted in accordance with the proposal of the Board of Directors.
The Annual General Meeting resolved, in accordance with the proposal of the Board of Directors, to amend the Articles of Association resulting in the change of name from Rederi AB TransAtlantic to Viking Supply Ships AB. The company’s share can currently be purchased on NASDAQ Stockholm under the ticker RABT. As a result of the change of name the ticker will be changed to VSSAB. The company will also launch a new website. Further information regarding the change of ticker and website will follow in a separate press release.
Investor Relations
Tomas Bergendahl, CFO: ph +46 31-763 23 78 or email: IR@rabt.se
Rederi AB TransAtlantic is a leading Swedish shipping company with headquarters in Gothenburg, Sweden and additional offices in Europe. The company is organized into two business areas: TransAtlantic and Viking Supply Ships. The company has about 800 employees and the turnover in 2014 was MSEK 3 190. The company’s B-shares are listed on the NASDAQ Stockholm, Small Cap segment. www.rabt.se
TransAtlantic is obliged to make this information public according to the Financial Markets Act and/or the Financial Instruments Trading Act (Sw: lagen om värdepappersmarknaden och/eller lagen om handel med finansiella instrument). The information was submitted for publication on April 9, 2015 at 7 pm.