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2014-04-23

Klövern AB (publ): Decisions at Annual General Meeting of Shareholders of Klövern AB (publ)

At the Annual General Meeting of Shareholders at 23 April 2014 the following
decisions were made, among others:

Profit distribution
For the financial year 2013 the Board's proposition for profit distribution,
meaning a dividend of SEK 1.50 (1.50) per common share and SEK 10.00 (10.00)
per preference share, were decided. The dividend amount per preference share
shall be distributed in four payments, each of SEK 2.50.

Record date for dividend for the common share was decided to 28 April 2014.
Record dates for the preference share was decided to 30 June 2014, 30
September 2014, 30 December 2014 and 31 March 2015.

Board and auditor
The Annual General Meeting decided on re-election of the board members Fredrik
Svensson, Rutger Arnhult, Ann-Cathrin Bengtson, Pia Gideon and Eva Landén.
Fredrik Svensson was re-elected as Chairman of the Board.

The Annual General Meeting decided upon unchanged fees paid to the Board and
that the fees paid to the Board thereby shall total SEK 700,000, of which SEK
280,000 is to be paid to the Chairman of the Board and SEK 140,000 each to
the other members. A board member, who is at the same time employed by the
Company, shall not receive any directors fee. No further payment is made to
board members who serve on committees of the Board.

The Annual General Meeting re-appointed the registered public accounting firm
Ernst&Young AB as the company's auditors for the period until the end of the
next Annual General Meeting, with Fredrik Hävrén as auditor in charge.
Payment shall be in accordance with approved invoices.

Remuneration of the executive management
The Annual General Meeting decided in accordance with the Board's proposed
guidelines for remuneration of the executive management:

Remuneration is to be at a market level and competitive and to take into
account the areas of responsibility and experience. The basic salary is to be
subject to annual review. Variable salary shall be linked to predetermined
and measurable criteria, designed with the intention of promoting the
long-term creation of value in the Company. For the CEO no variable salary is
payable and for other members of the executive management at most three
months basic salary per year. The Board have the right to depart from these
principles if there is reason for so doing in individual cases.

Nominations committee
The Nominations Committee shall consist of five members, of which one member
shall be the Chairman of the Board. The Chairman of the Board shall contact
the four largest shareholders by voting power of the Company as at the last
day of share trading in September the year preceding the Annual General
Meeting. In the event of the requested shareholder not wishing to appoint a
member of the Nominations Committee, the next largest shareholder, who has
not previously been asked to appoint a representative to the Nominations
Committee, shall be asked.

The Nominations Committee shall perform the tasks ensuing from the Swedish
Code of Corporate Governance.

Acquisition and transfer the Company's own shares
The Annual General Meeting decided to authorize the Board, at the longest
until the next Annual General Meeting, to decide upon acquisition and
transfer of Klövern's own shares. The object is to be able to adapt the
capital structure of the Company to the capital requirement from time to time
and thus be able to contribute to increased shareholder value. The Company
does not own any of its own shares.

New issue
The Annual General Meeting decided to authorize the Board, on one or more
occasions, during the period until the end of the next Annual General
Meeting, to decide on a new issue of common and/or preference shares with or
without departure from the shareholders' preferential rights.

The number of shares issued shall correspond to an increase in the share
capital of at most 10 per cent based on the total share capital of the
Company at the time of the 2014 Annual General Meeting. The number of common
shares that may be issued pursuant to the authorization may, however, amount
to at most 10 per cent of the share capital consisting of common shares
issued on the date of the 2014 Annual General Meeting and the number of
preference shares which may be issued pursuant to the authorization may
amount to at most 10 per cent of the share capital consisting of preference
shares issued at the time of the 2014 Annual General Meeting.

Klövern AB (publ)

For further information, please contact:
Rutger Arnhult, CEO, +46 70-458 24 70,rutger.arnhult@klovern.se

Lars Norrby, IR, +46 76-777 38 00, lars.norrby@klovern.se
Klövern is a real estate company committed to working closely with customers
to offer them efficient premises in Swedish growth regions. As of 31 March
2013, the value of the properties totalled approximately SEK 24.6 billion and
the rental value on an annual basis was around SEK 2.6 billion. Klövern is
listed on Nasdaq OMX Stockholm Mid Cap. For further information,
seewww.klovern.se.

Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Phone: +46 155-44 33
00, fax: +46 155-44 33 22,
e-mail: info@klovern.se.

This information is such that Klövern AB (publ) is obliged to disclose under
the Securities Market Act and/or the Financial Instruments Trading Act. The
information was made available for publication on 23 April 2014.

Decisions at Annual General Meeting of Shareholders of Klövern AB
http://hugin.info/134084/R/1779353/608002.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Klövern AB (publ) via Globenewswire

HUG#1779353

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