Lindab International AB : Lindab's Annual General Meeting 2014
ET | Source:Lindab AB
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.
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
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
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.
The Meeting adopted the proposal for a zero-dividend for the financial year
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.
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
Guidelines for remuneration to senior executives
The Meeting resolved on guidelines for remuneration to senior executives in
accordance with the board's proposal.
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
Kjell Nilsson, Chairman of the Board
Mobile: +46 70 2600121
Carl-Gustav Nilsson, General Counsel
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
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
The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap. For
more information visit www.lindabgroup.com
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