LINKÖPING, Sweden, Sept. 8, 2020 /PRNewswire/ -- The Annual
General Meeting (AGM) of shareholders in the international medical
imaging IT and cybersecurity company Sectra
AB (STO: SECT B) was held on September 8, 2020 in Linköping, Sweden. The AGM resolved to transfer
SEK 4.50 per share to the
shareholders, in total SEK 173.3
million, through a share redemption program. Other
resolutions included the re-election of all current Board members,
the election of Fredrik Robertsson as a new Board member, and
election of Ernst & Young AB as the new public accounting
firm.
The redemption procedure is automatic, meaning that no action is
required from the shareholders. It will, however, be possible to
trade in Series B redemption shares (ISIN SECT IL B: SE0014609087)
on Nasdaq Stockholm.
The timetable for the 2020 redemption procedure is as
follows:
- October 2: Last day of trading in
Sectra shares before the split (ISIN SECT B: SE0012853661),
including the right to redemption shares.
- October 5: First day of trading
in Sectra shares after the split (ISIN SECT B: SE0014609061),
excluding the right to redemption shares.
- October 6: Record date for the
share split. Every share will be divided into two shares, of which
one will be a redemption share and one an ordinary share.
- October 7-16: Trading in
redemption shares.
- October 20: Record date for
redemption of the redemption shares.
- October 23: Preliminary date for
payment of redemption settlement via Euroclear Sweden.
For more information and a brochure about the redemption
procedure, refer to Sectra's webpage:
investor.sectra.com/agm2020.
Other AGM resolutions
The AGM also adopted the following resolutions:
- The AGM adopted the income statement and balance sheet
and discharged the Board of Directors and President from liability
for the fiscal year. It was resolved that profit was to be carried
forward.
- Jan-Olof Brüer, Birgitta Hagenfeldt, Torbjörn Kronander,
Christer Nilsson, Anders Persson, Tomas
Puusepp, and Jonas Yngvesson were re-elected as Board
members, while Fredrik Robertsson was elected as a new Board
member. Jan-Olof Brüer was re-elected as Chairman of the
Board.
- Payment of fees amounting to SEK
225,000 (same as previous year) to external members of the
Board and SEK 450,000 (same as
previous year) to the Chairman of the Board. For Audit Committee
work, fees amounting to SEK 50,000
(same as previous year) are to be paid to external members of the
Board and SEK 100,000 (same as
previous year) to the Chairman of the Audit Committee. For
Remuneration Committee work, no separate fees are to be
paid.
- Ernst & Young AB was elected as the company's new auditor
and audit fees are to be paid pursuant to approved accounts.
- To establish a Nomination Committee and directives governing
the work of the Nomination Committee.
- To adopt guidelines for salaries and other remuneration to
senior executives that were developed and updated to meet the new
requirements pursuant to Chapter 8, Sections 51-53 of the Swedish
Companies Act (SFS 2005:551).
- The Board of Directors was authorized to make decisions
regarding the new issue of not more than 3,700,000 Series B shares
for consideration in the form of cash payment, offsetting of debt
or contribution in kind whereby offsetting of debt may deviate from
shareholders' preferential rights.
- The Board of Directors was authorized to make decisions
regarding the acquisition or sale of Sectra shares. The
authorization is limited in that the company's holding of treasury
shares may not, at any time, exceed 10% of all the shares in the
company.
- To make amendments to the Articles of Association arising from
changes in legislation.
The resolutions were made in accordance with the motions
submitted to the AGM, which are available on Sectra's website:
investor.sectra.com/agm2020.
This information constitutes information that Sectra AB
(publ) is obliged to make public. The information was submitted to
the media for publication, through the agency of the contact person
set out below, at 6:00 p.m. CEST on
September 8, 2020.
CONTACT:
For further information, please contact:
Dr. Torbjörn Kronander, President and CEO, Sectra AB, +46 (0)
705 23 52 27
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/sectra/r/report-from-sectra-s-2020-annual-general-meeting-and-timetable-for-redemption-program-to-transfer-se,c3190319
The following files are available for download:
https://mb.cision.com/Main/1263/3190319/1304370.pdf
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Report from
Sectra’s 2020 Annual General Meeting and timetable for redemption
program to transfer SEK 4.50 per share to shareholders
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