Bulletin from Cybercom's 2009 AGM

Bulletin from Cybercom's 2009 AGM

Cybercom Group Europe AB (publ) held its AGM on Tuesday, 28 April 2008. AGM
participants resolved to authorise the board to implement a new share issue of
SEK 100 million. 

These items summarise Cybercom's AGM resolutions. 

Board election: Shareholders re-elected Wigon Thuresson, Thomas Landberg, Lars
Persson, and Ulf Körner, and newly elected Hampus Ericsson for the period up to
the next AGM. Wigon Thuresson was elected as board chairperson.  Cybercom's
website presents the board members. AGM participants resolved that an unchanged
remuneration of SEK 400,000 should be paid to the board chairperson, and that
remuneration of SEK 200,000 should be paid to each of the other board members.
No dividends: AGM participants resolved that no dividends will be issued for the
2008 fiscal year.

Nomination committee: AGM participants appointed Hampus Ericsson and Erik
Sjöström as representatives of Cybercom's two largest shareholders (JCE Group AB
and Skandia Liv), and John Örtengren, representative for minority shareholders
via the Swedish Shareholders' Association. AGM participants also appointed Wigon
Thuresson, board chairman, as member and convener of the committee; Thuresson
does not have voting rights. The nomination committee will appoint a
chairperson; the chair may not be a Cybercom board member as per the Companies'
Act.

Authorisation of the board to decide on new share issues to increase share
capital:
AGM participants authorised the board - on one or more occasions until the next
AGM - to: 

a) decide on a share-capital increase via a pre-emptive share issue to generate
issue proceeds of no more than SEK 100 million. Shares not subscribed using
pre-emptive rights during a pre-emptive share issue will first be offered to
shareholders that subscribed for the issue using subscription rights - in
relation to the number of subscribed shares. The new shares must be issued at a
market-based issue price, with reservation for a market-based issue discount. 

As communicated previously, the board intends to implement a new share issue
during Q2. Issued capital will fortify Cybercom's financial position. A total of
SEK 50 million will be used for an extra amortisation payment that aims to adapt
the company's capital structure; the remaining SEK 50 million will be used to
fortify its liquidity and its international position. The increase in share
capital, number of new shares to be issued, subscription price for the new
shares, and a detailed schedule will be published in May. 

b) decide on a share-capital increase deviating from shareholder preferential
rights via one or more new share issues for a total of the highest number of
shares equivalent to (at most) 10% of the total number of shares that the
company had issued at the time of the authorisation. The new shares must be
issued at a market-based issue price. Shares shall be paid for via capital
contributed in kind or via an item under receivables - as per Chapter 13 §5,
paragraph 6 of the Companies Act. The board may also (as per Chapter 13 §5,
paragraph 6 of the Companies Act), accounting for the above terms, decide on
other terms that the board deems necessary for implementing an issue. The
purpose of the authorisation and reason for any deviation from shareholder
preferential rights is to finance company and asset acquisitions when needed.

The AGM minutes are published on Cybercom's website.


Find out more, contact:

Wigon Thuresson, board chairman, Cybercom +46 734 12 66 02
Lars-Henrik Andersson, attorney-at-law, Advokatfirman Lindahl KB, AGM secretary
+46 8 670 58 00
Kristina Cato, communications director and IR manager, Cybercom Group +46 708 64
47 02