The annual general meeting ("AGM") of LeoVegas AB (publ), reg. no. 556830-4033, ("LeoVegas" or the "Company") was held today on 26 May 2016 and the following resolutions were passed by the AGM.
Adoption of the income statement and the balance sheet The AGM resolved to adopt the income statement and the balance sheet in LeoVegas and the consolidated income statement and the consolidated balance sheet.
Allocation of profit The AGM resolved that no dividend would be paid to the shareholders and that the previously balanced result, including the share premium account and year result, in total KEUR 16,682, is carried forward.
Discharge from liability The board of directors and the CEO were discharged from liability for the financial year 2015.
Election of the board of directors and auditor and remuneration The AGM resolved, in accordance with the nomination committee's proposal, that remuneration is to be paid to the board of directors and the members of the established committees in the following amounts (unchanged from the previous year):
- SEK 175,000 for each of the non-employed directors;
- SEK 15,000 for each of the non-employed members of the remuneration committee; and
- SEK 15,000 for each of the non-employed members of the audit committee.
It was further resolved that the auditor is to be entitled to a fee in accordance with approved invoice.
It was also resolved, in accordance with the nomination committee's proposal, that the board of directors is to consist of six directors and that the number of auditors is to be one registered accounting firm. Per Brilioth, Barbara Canales, Anna Frick, Mårten Forste, Robin Ramm-Ericson and Patrik Rosén were re-elected as directors of the board. Robin Ramm-Ericson was re-elected as chairman of the board.
PricewaterhouseCoopers AB was re-elected as the Company's auditor for a period up until the end of the next annual general meeting, with the authorized auditor Aleksander Lyckow as the main responsible auditor.
Adoption of procedures for the nomination committee The AGM resolved to adopt procedures for the establishment of a nomination committee in accordance with the nomination committee's proposal.
Guidelines for remuneration to the senior executives The AGM resolved, in accordance with the board of directors proposal, to adopt guidelines regarding remuneration for senior executives of LeoVegas.
Stockholm in May 2016 LeoVegas AB (publ) The board of directors
For further information, please contact:
Gustaf Hagman, Group CEO and Co-founder: +46 70-880 55 22 Email: gustaf.hagman@leovegas.com
Philip Doftvik, Head of Investor Relations & Corporate Finance, +46 73-512 07 20 Email: philip.doftvik@leovegas.com Visitors' address: Sveavägen 59, Stockholm Corporate Identity Number: 556830-4033
The information is such that LeoVegas AB (publ) is required to disclose in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Market Act. The information was submitted for publication at 14.30 CET on May 26, 2016.
About the mobile gaming company LeoVegas LeoVegas vision is to create the greatest gaming experience and be number one in mobile gaming entertainment. LeoVegas is characterized by award winning innovation and strong growth. The operations of LeoVegas is based in Malta while the technology development is in Sweden. The ultimate parent company LeoVegas AB (publ) invests in companies operating in gaming on mobile and other online devices, as well as companies developing related technology. LeoVegas has internationally been recognized and has won several awards, including "Casino operator of the year", "Mobile casino operator of the year", "Marketing campaign of the year", "Innovation in Mobile and Tablet" at the EGR Awards. LeoVegas is developed "Mobile First" and is on the forefront with the latest technology in the market for mobile gaming. Based on an exceptional gaming experience, long-term customer relationships and the establishment of a strong brand, the Company has with innovative, effective and data driven marketing attracted a continuously growing customer base. The mobile gaming company LeoVegas has since its foundation shown strong growth every quarter. LeoVegas AB is listed on First North Premier and Avanza Bank AB is its Certified Adviser. More at www.leovegasgroup.com
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