Press release June 20, 2017, 20:00
Bulletin from Sdiptech AB's (publ) Annual General Meeting 2017
The Annual General Meeting of Sdiptech AB (publ), 556672-4893, took place on Tuesday, June 20, 2017 at the IVA Conference Center, Grev Turegatan 16, Stockholm.
Resolutions on income statement, balance sheet, profit appropriation and liability discharge
The Annual General Meeting (the "Meeting") approved the income statement and the balance sheet for the parent company, as well as of the consolidated income statement and the consolidated balance sheet for the fiscal year 2016.
The AGM resolved on dividend to existing shareholders of preference shares of SEK 8.00 per preference share, totalling SEK 14,000,000, to be paid quarterly in an amount of SEK 2.00 per preference share, which is in accordance with the terms of the preference shares stipulated in the Articles of Association.
Record dates for the resolved dividend on preference shares shall be June 15, 2017, September 15, 2017, December 15, 2017 and March 15, 2018. Payment is made through Euroclear Sweden AB's care and is expected to take place on the third banking day after the respective record date, except for the payment in June 2017, which is expected to take place on the fourth banking day after the record date.
The AGM decided that no dividend will be given to holders of common shares of series A or series B, but instead that remaining earnings of SEK 317,448,248 is carried forward, of which SEK 240,394,593 is transferred to the share premium reserve.
The AGM discharged the Members of the Board and CEO from liability for the fiscal year 2016.
Resolutions on the number of Board members and auditors, election of the Board of Directors and auditor and resolution of election committee instructions
The Annual General Meeting resolved that, until the end of the next AGM, the Board will consist of six members without deputies. The Annual General Meeting resolved to re-elect Ashkan Pouya, Saeid Esmaeilzadeh, Mikael Lönn, Johnny Alvarsson, Katarina Lundblad Pinnekamp and Jan Samuelson. Ashkan Pouya was re-elected as Chairman of the Board for the same period.
The AGM also decided that the company should have an auditor without a deputy. The registered auditing company KPMG AB was re-elected by the AGM as the company's auditor with a term of office of one year, i.e. until the end of the next AGM. Authorized Public Accountant Duane Swanson is the auditor in charge of the audit.
The meeting resolved to set up a Nomination Committee and to adopt instructions for the committee in accordance with the proposal in the notice for the AGM, which means that the Nomination Committee shall consist of members appointed by the three largest shareholders (by votes) as of August 31 each year, as well as the Chairman of the Board. The composition of the Nomination Committee shall normally be published no later than six months before the Annual General Meeting. No remuneration shall be paid to the members of the Nomination Committee.
Fees to board members and to the auditor
The Annual General Meeting resolved to pay SEK 900,000 to the Board of Directors, of which SEK 50,000 each to the Chairman of the Board, Ashkan Pouya, and Board member Saeid Esmaeilzadeh, and SEK 200,000 for each of the other members.
To the company's auditor, fees shall be paid in accordance with the approved invoice.
Sdiptech AB's common share of series B is traded under the name SDIP B with ISIN-code SE0003756758.
Sdiptech AB's preference share is traded under the name SDIP PREF with ISIN-code SE0006758348.
Sdiptech AB's Certified Adviser on Nasdaq First North Stockholm is Erik Penser Bank.
Additional information can be found on the company's website: www.sdiptech.com
For further information, please contact:
Carl Johan Åkesson, CFO, +46 708 30 70 57, cj.akesson@sdiptech.com
Jakob Holm, CEO, +46 761 61 21 91, jakob.holm@sdiptech.com
Sdiptech AB is a technical business group with focus on urban infrastructures. The Group offers deeply niched products and services for expanding as well as renovating fast-growing metropolitan areas. The Group has its seat in Stockholm. The information was submitted for publication, through the agency of the contact persons set out above, at 20:00 CET on June 20, 2017.
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