Net Entertainment, yesterday the Annual General Meeting
At Net Entertainment NE AB’s annual general meeting on Thursday April 25, 2013 the following was resolved. The meeting adopted the income statement and balance sheet along with the consolidated income statement and balance sheet and resolved that no dividend is to be paid for the financial year 2012. Please view the section splitting of shares and automatic redemption procedures below.
Written by Redazione
The Board of Directors and the President and CEO were discharged from liability for the financial year 2012. The meeting decided to reelect Vigo Carlund, Fredrik Erbing, Mikael Gottschlich, Peter Hamberg, Pontus Lindwall, Michael Knutsson and Maria Redin. Vigo Carlund was elected chairman of the Board. It was decided that remuneration for the Board of Directors shall be SEK 590,000 for the chairman and SEK 240,000 for each of the members of the board elected by the annual general meeting who are not employees of the company and addition thereto, remuneration to the chairman of the audit committee shall be SEK 70,000. Remuneration for the auditor shall be in accordance with approved invoice.
The AGM decided that the nominating committee shall be formed during October 2013 after consultation with the largest shareholders as per August 31 2013. The mandate period shall run from the release of the interim report for the third quarter 2013 until the next nominating committee is formed.
The chairman of the Board of Directors shall be a member of the nominating committee and is responsible for summoning the nominating committee. In addition to the chairman of the Board of Directors, the nominating committee shall consist of three members.
The meeting resolved to adopt the Board of Director’s proposal regarding guidelines for remuneration to senior executives.
The meeting resolved to adopt the proposal regarding splitting of shares and automatic redemption procedures, entailing a value transfer to the shareholders corresponding to SEK 2.25 per share. During the meeting following the general meeting the Board of Directors resolved, in accordance with the mandate from the general meeting, determined the record day for splitting of shares to be May 6, 2013 and the record day for repurchase of redemption to be May 27, 2013.