Lindab International AB (publ) held its Annual General Meeting on 29 April 2014, at Lindab Arena in the municipality of Ängelholm, Sweden. Approximately 210 people were present.
Resolutions
The Meeting resolved in favour of all the proposed matters in accordance with the proposals in the Notice. The most important resolutions are described below.
Election of the Board of Directors
In accordance with the proposals by the nomination committee, Sonat Burman-Olsson, Stefan Charette, Erik Eberhardson, Kjell Nilsson and Birgit Nørgaard were re-elected as members of the board and Hans Porat was elected as new member of the board. Furthermore, Kjell Nilsson was re-elected as the chairman of the board.
Election of Auditors
The Meeting resolved to elect the registered audit firm Deloitte AB as the company's auditor for the period until the end of the next annual general meeting.
Adoption of statements etc.
The Meeting adopted the company's and the Group's income statements and balance sheets and discharged the board members and the CEO from liability for the financial year 2013.
Dividend
The Meeting adopted the proposal for a zero-dividend for the financial year 2013.
Authorisation to acquire and transfer treasury shares
The Meeting authorised the board, until the next annual general meeting, to resolve on acquisition of treasury shares. The company's holding at any time may not exceed ten per cent of all the shares in the company. Furthermore, the Meeting authorised the board to resolve on transfer of treasury shares. Transfers may be made at any time of the total number of treasury shares.
Fees to the board and the auditor
The Meeting resolved on unchanged fees to the board, totalling 2,200,000 SEK. The Meeting resolved that the auditor's fee shall be paid in accordance with the agreement with the company.
Nomination Committee
The Meeting resolved on a nomination committee procedure meaning i.a. that the three largest shareholders shall each be invited to nominate a member to the nomination committee. The chairman of the board shall be a member of the nomination committee.
Guidelines for remuneration to senior executives
The Meeting resolved on guidelines for remuneration to senior executives in accordance with the board's proposal.
End
| The information here is that which Lindab International AB has willingly chosen to make public or that which it is obliged to make public according to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. |
Contacts:
Kjell Nilsson, Chairman of the Board
Email: kjell.nilsson@lindab.com
Mobile: +46 70 2600121
Carl-Gustav Nilsson, General Counsel
Email: carlgustav.nilsson@lindab.com
Mobil: +46 (0)70 67 85011
Lindab - A Ventilation and Building Products company:
Lindab develops, manufactures, markets and distributes products and system solutions primarily in steel for simplified construction and improved indoor climate.
The products are characterised by their high quality, ease of assembly, energy efficiency, consideration towards the environment, and are delivered with high levels of service. Altogether, this increases customer value.
The Group had sales revenue of SEK 6,523 m in 2013 and is established in 32 countries with approximately 4,400 employees. The main market is non-residential construction, which accounts for 80 percent of sales, while residential accounts for 20 percent of sales.During 2013, the Nordic market accounted for 46 percent, the CEE/CIS (Central and Eastern Europe plus other former Soviet states) for 24 percent, Western Europe for 27 percent and other markets for 3 percent of total sales.
The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap. For more information visit www.lindabgroup.com
