The Annual General Meeting of Schibsted ASA was held on 11 May 2016 in the Company's premises at Apotekergaten 10 in Oslo.

All proposals on the agenda were adopted, ref. the notice of the Annual General Meeting that was published 20 April 2016, including the following:

  • The Annual General Meeting approved the Board's proposal to distribute a dividend of NOK 1.75 per share. The Schibsted shares will trade exclusive of dividend as from 12 May 2016. The dividend will be paid out on or around 24 May 2016.
     
  • The Annual General Meeting resolved to grant the Board authority to increase the share capital. The authority is limited to 10% of the share capital within the B-share class. The authority includes the right to set aside the pre-emptive rights of existing shareholders.
     
  • The Annual General Meeting resolved to elect Marianne Budnik as a new member of the Board of Directors to replace Eva Berneke, and to reelect the remaining shareholder-elected board members.

             
A translation of the minutes from the Annual General Meeting is attached and available on www.schibsted.com. The voting protocol will be published on www.schibsted.com in the near future.

Oslo, 11 May 2016
SCHIBSTED ASA

Anders Christian Rønning
Investor Relations Officer

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
2016 Schibsted AGM minutes EN
2016 Schibsted AGM minutes NO


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Source: Schibsted via Globenewswire
HUG#2011738