LINKÖPING, Sweden, Sept. 5, 2019 /PRNewswire/ -- The Annual
General Meeting (AGM) of shareholders in the medical imaging IT and
cybersecurity company Sectra AB (STO: SECT B) was held on
September 5, 2019. Jonas Yngvesson
was elected as a new Board member. Among other items on the agenda,
the AGM resolved to transfer SEK 4.50
per share to the shareholders through a redemption procedure. The
resolution entails that approximately SEK
172.6 million will be distributed to the
shareholders.
The redemption procedure is automatic, meaning that no action is
required from the shareholders. It will be possible to trade in
Series B redemption shares (ISIN SECT IL B: SE0012853687) on Nasdaq
Stockholm.
The timetable for the 2019 redemption procedure is as
follows:
- October 1: Last day of trading in
Sectra shares before the split (ISIN SECT B: SE0011452234),
including the right to redemption shares.
- October 2: First day of trading
in Sectra shares after the split (ISIN SECT B: SE0012853661),
excluding the right to redemption shares.
- October 3: 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 4–15: Trading in redemption shares.
- October 17: Record date for
redemption of the redemption shares.
- October 22: Preliminary date for
payment of redemption settlement via Euroclear Sweden AB.
For more information and a brochure about the redemption
procedure, refer to Sectra's webpage:
https://investor.sectra.com/agm2019.
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. In accordance with a motion from the Board of
Directors, it was resolved that profit was to be carried
forward.
- Jan-Olof Brüer, Torbjörn Kronander, Anders Persson, Christer
Nilsson, Tomas Puusepp and
Birgitta Hagenfeldt were re-elected as Board members, while Jonas
Yngvesson 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
(previous SEK 40,000) are to be paid
to external members of the Board and SEK
100,000 (previous SEK 80,000)
to the Chairman of the Audit Committee. For Remuneration Committee
work, no separate fees are to be paid.
- Grant Thornton Sweden AB was re-elected as the company's
auditor and audit fees are to be paid pursuant to approved
accounts.
- It was resolved to appoint a Nomination Committee comprising
four members, of whom one member is to be the Chairman of the Board
and three members are to represent the company's largest
shareholders in relation to the number of votes. The Nomination
Committee is to be constituted based on known shareholdings in the
company by October 31,
2019.
- It was resolved to adopt the unchanged principles for
remuneration of and other terms of employment for company
management.
- The Board of Directors was authorized to make decisions
regarding the new issue of not more than 3,700,000 Series B shares
for payment in the form of cash and the offsetting of debt or
cash-in-kind payment. For the offsetting of debt and cash-in-kind
payment, the Board was authorized to disapply the preferential
rights of shareholders.
- 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.
The resolutions were made in accordance with the motions
submitted to the AGM, which are available on Sectra's website:
https://investor.sectra.com/agm2019.
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 6:30 p.m. CEST on
September 5, 2019.
About Sectra
Sectra assists hospitals
throughout the world to enhance the efficiency of care, and
authorities and defense forces in Europe to protect society's most sensitive
information. Thereby, Sectra contributes to a healthier and safer
society. The company was founded in 1978, has its head office in
Linköping, Sweden, with direct
sales in 19 countries, and operates through partners
worldwide. Sales in the 2018/2019 fiscal year totaled
SEK 1,413 million. The Sectra share is quoted on the Nasdaq
Stockholm exchange. For more information,
visit https://sectra.com/.
CONTACT:
For further information, please contact:
Dr.
Torbjörn Kronander, CEO and President Sectra AB,
+46-(0)-705-235-227
This information was brought to you by Cision
http://news.cision.com
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The following files are available for download:
https://mb.cision.com/Main/1263/2894935/1100872.pdf
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Report from
Sectra’s 2019 Annual General Meeting and timetable for redemption
program
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