CashGuard AB: Extraordinary General Meeting of shareholders

CashGuard AB: Extraordinary General Meeting of shareholders in CashGuard AB (publ)The shareholders of CashGuard AB (publ) are hereby invited to an Extraordinary General Meeting to be held on 16 February 2007, at 1 p.m. The venue is Täby Park Hotel, Kemistvägen 30 in Täby, Sweden. Notification Shareholders who want to attend the Extraordinary General Meeting must notify the Company of their intention no later than 12 February 2007, at CashGuard AB, Propellervägen 10-12, SE-183 62 Täby, Sweden. Notifications can also be made by telephone to +46-8-732 22 00, by fax to +46-8-732 22 80 or by e-mail to bolagsstamma@cashguard.se. The notification must include the shareholder's name, personal identification number or corporate registration number, address, telephone number and shareholding. Shareholders who wish to be accompanied by one or two advisors should so inform the Company at the same time as they send the notification mentioned above. Shareholder rights at the Meeting may be exercised by proxy based on the necessary power of attorney. The power of attorney must be in writing and may not be more than 12 months old. Participation rightsTo be entitled to participate in the General Meeting, shareholders must be registered in the share register maintained by VPC AB no later than 9 February 2007. Shareholders whose shares are held in the name of a trustee must temporarily re-register the shares in their own name with VPC in ample time prior to the Meeting. Proposed agenda1. Election of Chairman of the Meeting.2. Preparation and approval of the voting register.3. Approval of the agenda.4. Election of one or two officers to verify the minutes.5. Determination of whether the Meeting has been duly convened.6. Resolution concerning a reduction in the Company's statutory reserves.7. Election of the Board.8. Closing of the Meeting. MotionsResolution concerning a reduction in the Company's statutory reserves (Item 6)The shareholders PSI Group ASA, IDI Equity AB and Ulf Davidson with family and company, jointly representing approximately 40% of the votes in the company, propose that the General Meeting vote to approve a reduction of SEK 200,000,000 in the Company's statutory reserves from SEK 246,399,073 to SEK 46,399,073. The amount by which the statutory reserve is reduced shall be transferred to unrestricted equity.The reason for the motion is to create a capital structure that enables possible structural transactions with regard to the subsidiary SQS, also including a spin-off of SQS to CashGuard shareholders. Election of the Board (Item 7)In ample time prior to the Meeting, the Company's Nomination Committee, with Leif Flemming Bakke as Chairman, will present, via a press release, a proposal concerning the election of the Chairman of the Board, other Board members and chairman of the General Meeting. The Nomination Committee's proposal will also be available on the Company's website www.cashguard.se. Täby, January 2007CashGuard AB (publ)Board of DirectorsAttachment: Press release (PDF)Text version / Internet version / Print / Close