Ratos's Annual General Meeting will be held on Thursday, 2 April 2009
at 17.30 CET in City Conference Centre, Stockholm. The complete
notice of the meeting is available at www.ratos.se where attendance
can also be notified. Complete AGM documentation will be available at
Ratos's head office and on the company's website www.ratos.se from 10
March.
Board of Directors
The Nomination Committee proposes that the Board be expanded by one
member. Re-election is proposed of Board members Olof Stenhammar,
Lars Berg, Staffan Bohman, Arne Karlsson (CEO), Annette Sadolin, Jan
Söderberg and Per-Olof Söderberg. Margareth Øvrum, Executive Vice
President at StatoilHydro in Bergen, Norway, is proposed as a new
member of the Board. Olof Stenhammar is proposed as Chairman of the
Board. A more detailed presentation of proposed Board members and the
work of the Nomination Committee is provided on the company's website
www.ratos.se.
Proposed dividend
The Board proposes an ordinary dividend of SEK 9 per class A and B
share (9). The record date for the right to receive dividends is
proposed as 7 April and dividends are expected to be paid on 14
April.
Purchase of treasury shares
The Board of Directors proposes that the Annual General Meeting gives
the Board a mandate to decide, during the period until the next
Annual General Meeting, on repurchase of a maximum number of shares
so that the company's holding of treasury shares does not exceed 7%
of all the shares in the company. The purpose of the buy-backs is to
give the Board more room for manoeuvre in its work to create value
for the company's shareholders.
Incentive programme
The Board proposes a decision to issue a maximum of 650,000 call
options on repurchased Ratos shares to be transferred at a market
premium to key people within Ratos. The intention is that option
purchases should be partly subsidised. It is further proposed that
the Meeting decides on a transfer of a maximum of 650,000 shares in
the company when the above-mentioned options are exercised.
In addition, the Board proposes, as in the previous year, that the
Meeting decides on a cash-based option programme related to Ratos's
investments in holdings. It is proposed to carry out the programme by
issuing synthetic options which key people within Ratos will be
entitled to acquire.
Proposal on authorisation for set-off or non-cash issues to be used
at acquisitions
The Board proposes that the Meeting authorises the Board in
conjunction with company acquisitions, through set-off or non-cash,
to decide on new issues of Ratos shares. This authorisation shall
comprise a maximum of 30 million B shares.
For further information, please contact:
Olof Stenhammar, Chairman of the Board, +46 8 700 17 45
Annika Andersson, Chairman of the Nomination Committee, +46 8 787
75 69
Financial calendar from Ratos:
Interim Report January - March 2009 7 May 2009
Interim Report January - June 2009 20 August 2009
Interim Report January - September 2009 5 November 2009
Ratos is a listed private equity company. The business concept is to
maximise shareholder value over time by investing in, developing and
divesting primarily unlisted companies. Ratos offers investors a
unique investment opportunity. Ratos's equity is approximately SEK 16
billion and has a market capitalisation of approximately SEK 17
billion. Ratos's holdings include AH Industries, Anticimex, Arcus
Gruppen, Bisnode, Camfil, Contex, DIAB, EuroMaint, GS-Hydro, Haglöfs,
HL Display, Inwido, Jøtul, Lindab, MCC, Medisize, Scandinavian
Business Seating, Superfos and Other holdings.
