Lund, Sweden, 2015-04-22 16:00 CEST (GLOBE NEWSWIRE) --
N.B. the English version below is an office translation. In case of any discrepancy between the Swedish and the English version, the Swedish version shall prevail.
The following resolutions, among others, were adopted by the annual general meeting of Tribona AB (publ) held on 22 April 2015:
Dividend
The annual general meeting resolved, in respect of the 2014 financial year, to affirm the appropriation of the company's profit as proposed by the board of directors and that a dividend be issued of SEK 0.50 per share, totalling SEK 24,328,526. 24 April 2015 was adopted as the record date for dividends and thus payment of dividends is expected to take place on 29 April 2015.
Discharge from liability
The annual general meeting granted the directors and CEO discharge from liability in respect of the 2014 financial year.
Board of directors and auditor
The annual general meeting resolved to re-elect Mats-Olof Ljungquist, Rutger Arnhult, Malin Rylander Leijon and Patrik Essehorn as directors and to elect Anneli Jansson as director. Mats-Olof Ljungquist was re-elected as chairman of the board. The shareholders at the annual general meeting resolved that, for the period until the next annual general meeting, fees shall be paid in the amount of SEK 150,000 to the chairman of the board and SEK 100,000 each to the other directors, which are the same fees as last year.
The annual general meeting re-elected the registered accounting firm Ernst & Young AB as the company's auditors. Remuneration according to an authorized account.
Authorization of the board of directors to issue shares
The annual general meeting resolved to authorize the board of directors to issue new shares, on one or more occasions prior to the next annual general meeting, with or without regard to shareholders’ pre-emption rights. The payment of issued shares may be in cash, by non-cash consideration, by set-off or otherwise subject to terms and conditions stated in The Swedish Companies Act, chapter 2 section 5, second paragraph, points 1-3 and 5. The number of shares to be issued pursuant to the authorization shall be limited to 10 per cent of the shares from time to time outstanding.
The chairman of the annual general meeting explained that the board of directors’ intention with this authorization is to exercise this authority only in connection with the acquisition of properties or companies that Tribona AB may undertake.
Authorization of the board of directors to acquire and transfer own shares
The annual general meeting resolved to authorise the board of directors, on one or more occasions during the period until the next annual general meeting, to decide on the acqusition or transfer of own shares.
Acquisition may be made (i) by an offer to all shareholders at a price equivalent to the stock quote when the offer is announced or (ii) by way of acquisition on Nasdaq Stockholm at a price within the price interval prevailing from time to time. The maximum number of shares to be acquired shall be such that the company’s holding from time to time does not exceed one tenth of all shares in the company.
Transfer may take place on Nasdaq Stockholm, with preference given to shareholders or, with deviation from the shareholders' pre-emption rights, to third parties. The payment for the transferred shares may be made in cash, by non-cash consideration, by set-off or otherwise subject to terms and conditions. Transfers may only be made with the number of shares the company from time to time holds. Transfers on Nasdaq Stockholm shall be made at a price within the prevailing price interval of Nasdaq Stockholm, i.e. the interval between the highest bid price and lowest ask price.
The purpose of the authorization is to improve the company's capital structure and to enable the transfer of shares in connection with financing of possible acquisitions.
Other resolutions
In addition, resolutions also adopted regarding instructions for the nomination committee as well as guidelines regarding compensation to senior executives.
For further information:
Per Johansson, CEO: +46 708 17 13 63, email: per.johansson@tribona.se
The information in this press release comprises such information as Tribona AB (publ) is required to publish in accordance with the Securities Market Act or the Financial Instruments Trading Act. The information was provided for publication at 4.00 pm on 22 April 2015.
About Tribona
Tribona AB (publ) is one of Sweden's largest listed pure-play logistic property company. The property portfolio consists of modern and strategically located logistic properties, 29 in Sweden and one in Denmark, with a total lettable area of about 688 000 square meters. For more information, please visit www.tribona.se .
